Los 46.d

Question 1

What is the declaration date?

Answer 1

The date the board of directors approves payment of a dividend, specifying the other dates

Question 2

What is the Ex-dividend date?

Answer 2

The first day on which a share purchaser will not receive the next dividend. The ex-dividend date is one or two business days before the holder-of-record date, depending on the settlement period for stock purchases
*In the ex-dividend date, the share price will decrease from the previous day’s closing price by approximately the amount of the dividend, in the absence of other factors affecting the stock price

Question 3

What is the Holder-of-record date?

Answer 3

The date on which all owners of shares become entitled to receive the dividend payment on their shares.

Question 4

What is the payment date?

Answer 4

The date dividend checks are mailed to, or payment is made electronically to, holders of record.