Dividend Payment Date

Dividend Payment Date

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Question

The date on which if you are listed by the company as an owner, you will receive a dividend is known as the:

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A. B. C. D. E.

A

The "Holder-of-Record Date" is the date on which if you are listed by the company as an owner, you will receive the dividend.

The correct answer is A. Holder-of-Record Date.

The Holder-of-Record Date, also known as the Record Date, is the specific date on which a company reviews its shareholder records to determine who is eligible to receive a dividend payment. To be considered a shareholder of record, an investor must be listed as an owner of the company's shares on this particular date.

Here's a breakdown of the other answer choices:

B. Declaration Date: The Declaration Date is the date on which a company's board of directors officially announces its intention to pay a dividend. During this announcement, the company typically states the dividend amount, record date, and payment date.

C. Beneficiary Date: This term is not commonly used in relation to dividends. It is more commonly associated with the distribution of assets or benefits from a trust, will, or insurance policy to the designated beneficiaries.

D. Payment Date: The Payment Date is the date on which the dividend is actually distributed to the shareholders of record. It is the day when shareholders can expect to receive their dividend payments in their accounts.

E. Ex-Dividend Date: The Ex-Dividend Date is the date on or after which a buyer of a stock will not be eligible to receive the next dividend payment. If an investor purchases shares on or after the ex-dividend date, they will not receive the upcoming dividend. This date is typically set a few days before the holder-of-record date to account for settlement periods in the stock market.

In summary, the Holder-of-Record Date is the date on which an investor must be listed as an owner of a company's shares to be eligible to receive a dividend payment.