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On the dividend record date, no entry is required.
What is dividend record date?
The date of record is the day the company looks up its records to determine who the company's shareholders are. To be qualified for a dividend payout, an investment must be listed on that day. The day the corporation mails the dividend to all holders of the record is the date of payment.
What do dividend means?
An organization's board of directors decides how much of its profits should be distributed as a dividend to shareholders. Dividends are frequently paid out every three months and can be received in cash or by being reinvested in more shares.
What are shareholders Meaning?
Any individual, business, or organization that has stock in a corporation is a shareholder. A shareholder of a firm may own just one share. As residual claimants on a company's profits, shareholders may be subject to capital gains (or losses) and/or dividend payments.
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