Asked by
Addison Floyd
on Oct 15, 2024
Verified
The date of record is the date that directors vote to pay a cash dividend to shareholders.
Date Of Record
The date of record is the specific date set by a company on which the shareholders must be on the company's books in order to receive a declared dividend.
Cash Dividend
The allocation of earnings in cash form by a company to its stockholders.
- Master the finance and accounting ramifications of dividend declarations and payments on the equity and retained earnings of stockholders.
Verified Answer
CC
Learning Objectives
- Master the finance and accounting ramifications of dividend declarations and payments on the equity and retained earnings of stockholders.
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