When a company pays a dividend, it isn't as simple as getting a paycheck from one's employer. There are several critical dates in the dividend payment process. Identify each of the critical dividend dates in the table. Date Description Ex-dividend date Payment date Holder-of-record date Declaration date The date on which a firm's director issues a statement announcing a dividend. The firm actually sends the dividend checks on this date. If the company lists the stockholder as an owner on this date, then the stockholder receives the dividend. The date on which the right to the current dividend no longer accompanies a stock