Terms Beginning With 'd'

Date of Record

  • January 17, 2020
  • Team Kalkine

The board of directors of a company set the date of record or record date to determine which stockholders are eligible to receive a distribution or dividend. The shareholders receive a dividend on the date of record, which is about two-three weeks ahead of the date of declaration. The record date usually follows the ex-dividend date or the reinvestment date.

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