Corporate actions
Record date
The date on which a company checks its register to see who is entitled to a dividend.
How it works
The ex-dividend date is set relative to the record date so that trades have time to settle. Together they determine entitlement.
Related terms
- Ex-dividend dateThe first day a share trades without the right to the next dividend.
- Payment dateThe date a declared dividend is actually paid to shareholders.
- SettlementThe process of actually exchanging cash for securities after a trade is agreed.
- ShareholderSomeone who owns shares in a company, and with them a vote and a claim on its profits.
More in Corporate actions
All 26 Corporate actions terms · The full glossary, 433 terms
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