Examlex
Which of the following statements about outlet stores is FALSE?
Date of Declaration
The date on which a company announces its intention to pay a dividend or issue a corporate action to its shareholders.
Dividend
A portion of a company's earnings distributed to shareholders, usually in the form of cash or additional shares.
Directors
Individuals elected by shareholders to manage a corporation's affairs and make key strategic decisions on their behalf.
Stock Dividends
These are dividends paid by a company to its shareholders in the form of additional shares of stock, rather than in cash.
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