Dividend-Related Dates Follow This Chronological Order: Declaration Date, Record Date

question 87

Essay

Dividend-related dates follow this chronological order: declaration date, record date, and payment date.

---

Definitions:

Profit and Loss Ratio

A financial metric that compares the profit earned and losses incurred by a business over a specific period, usually used to ascertain operational efficiency.

Safe Payments

Transactions processed securely, minimizing the risk of fraud or theft of payment information.

Journal Entry

A record of a business transaction in the accounting books of a company, detailing the financial impact.

Outstanding Liabilities

Financial obligations or debts that a company has yet to pay off. These are recorded on the company's balance sheet.