Examlex
How did Americans in the bottom half of the income ladder fare in the 1990s?
Date of Record
The specific date on which a company determines its shareholders' eligibility to receive dividends or share distributions.
Resolution to Pay
A formal decision made by a company's board of directors to distribute funds, often as dividends, to shareholders.
Dividend Payment
A payout of part of a firm's profits, determined by its board of directors, and given to its stockholders.
Ex-Dividend Date
Date two business days before the date of record, establishing those individuals entitled to a dividend.
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