The date on which a corporation uses its list of stockholders to mail a dividend check. It is usually two days after the ex-dividend date. Also called record date.
The ex-dividend date is a pivotal date in the dividend distribution process on which a stock goes ex-dividend, typically about three weeks before the dividend is paid to shareholders of record. An investor who buys on or after that date is not entitled to the dividend.
A holder of record is the owner of a company's securities as recorded on the books of the issuing company or its transfer agent as of a particular date.
The record date, also known as the date of record, is a critical date set by a company upon which shareholders must be on the corporation's books in order to receive the benefits of a corporate action, such as a dividend payout or stock split.
