Examlex
Which of the following represents a new and powerful tool of PSAs?
Large Stock Dividends
Distribution of a greater than typical percentage of shares to shareholders, typically impacting the stock's value and distribution.
Par Value
The face value of a bond or stock as stated by the issuing company, which does not necessarily match its market value.
Stated Value
An arbitrary value assigned to no-par value stock by the board of directors of a company, used for accounting purposes.
Date Of Record
The date of record is the specific date set by a company on which the shareholders must be on the company's books in order to receive a declared dividend.
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