Record Date
The date established by an issuer of a security for the purpose of determining the holders who are entitled to receive a dividend or distribution. Investopedia Says:
On the record date, a company looks to see who its shareholders or "holders of record" are. Essentially, a date of record ensures the dividend checks get sent to the right people. Related Terms:
Board of Directors
Book Closure
Cum Dividend
Dividend
Ex-Date
Ex-Dividend
Holder of Record
Spillover Dividend
Split Adjusted |