Business, Legal & Accounting Glossary
The date by which a person must own stock in a company in order to be included in any possible dividend payments during that year. For example, if a company declares that the dividend date is March 5 and an individual does not purchase shares until April 5, they would not be eligible for that year’s dividend payment. In some instances, companies pay multiple dividends during the year, so an individual may qualify for a subsequent dividend payment depending on when the shares were acquired.
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This glossary post was last updated: 20th November, 2021 | 0 Views.