alleryStart learning →On which date are dividend amounts credited to shareholders' accounts?
ADeclaration date
BRecord date
CEx-dividend date
DPayment date
Answer & Solution
Correct answer: D. Payment date
The payment date is when cheques are mailed or the amount reaches the bank account.
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Related questions
Which limits can restrict how much a firm may distribute as dividend?Why might management avoid changing dividend policy abruptly?Which alternative to cash dividends may a firm choose when surplus cash exists?Which type of shareholder usually prefers earnings to be retained?With no NPV-positive projects and surplus cash, what should management do?Management knowing more than the market is called what?If dividends bear higher tax than gains, raising them does what to value?Per the Modigliani-Miller theorem, dividend policy has what effect on firm value?