The Date on Which Actual Dividend Cheques Are Mailed to Shareholders

question 115

Multiple Choice

The date on which actual dividend cheques are mailed to shareholders or direct deposited is the:

• A)declaration date.
• B)payment date.
• C)ex-dividend date.
• D)with-dividend date.

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Definitions:

Market Price

The present rate at which a service or asset is available for purchase or sale on the market.

Bond Discount

The difference between the face value of a bond and its selling price, when the bond is sold for less than its face value.

Market Rate

The Market Rate is the current price or rate at which a good or service can be bought or sold in a competitive marketplace.