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Define each of the following dates and place them in their proper order with respect to the payment and receipt of cash dividends: date of
Define each of the following dates and place them in their proper order with respect to the payment and receipt of cash dividends: date of record, ex-dividend date, declaration date, and payment date. The _____ is the date upon which stock brokerage companies have uniformly decided to terminate the right of ownership to the dividend, the _____ is the date upon which a dividend is formally declared by the board of directors, the ______ is the date on which the company mails a dividend check to each investor of record, and the ______ is the date at which the stock transfer books are to be closed for determining the investors to receive the next dividend payment. (Select from the drop-down menus.) Which of the following shows the proper order of the dates during the dividend payment procedures? (Select the best choice below.) Declaration date, Ex-dividend date, Date of record, Payment date Payment date, Date of record, Ex-dividend date, Declaration date Date of record, Declaration date, Payment date, Ex-dividend date Ex-dividend date, Payment date, Declaration date, Date of record
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