The Date on Which Actual Dividend Checks Are Mailed to Shareholders

question 84

Multiple Choice

The date on which actual dividend checks are mailed to shareholders is the:

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

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Definitions:

Compounded Semi-Annually

The calculation of interest where the frequency of compounding is twice a year, leading to interest on interest during these periods.

Reduction of the Principal

The process of decreasing the initial amount of money borrowed or invested over time.

10th Payment

The tenth installment of a series of payments in a loan or mortgage.

Compounded Semi-Annually

Interest on an amount that is calculated twice a year and added to the principal for future interest calculations.