Examlex
What is the objective of the procedures used for the preparation of an advance cash distribution plan?
Record Date
The specific date set by a company to determine the shareholders who are eligible to receive dividends or participate in corporate actions.
Declaration Date
The date on which a company's board of directors announces its next dividend payment, including the amount to be paid and the record and payment dates.
Ex-dividend Date
The specific date on which a stock is traded without its dividend rights, meaning any subsequent buyer will not receive the next dividend payment.
Stock Transfer Books
Records maintained by a company documenting the ownership and transfer of its stock, used to ensure legal ownership and voting rights.
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