Trading, Accounts & Prohibited ActsQuestion 207 of 398
Which dividend-related date is the day the corporation actually distributes the dividend to eligible shareholders?
a.The payable date
b.The record date
c.The ex-dividend date
d.The declaration date
Explanation
The payable date is when the company actually pays the dividend to shareholders who were on record as of the record date. It comes after the declaration, ex-dividend, and record dates in the dividend timeline.
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