SIE practice questionmediumDividend Dates
An investor must own stock by which date to receive a dividend?
- AThe declaration date
- BThe payable date
- CThe ex-dividend date
- DThe record date✓ Correct answer
Explanation
Why D — The record date
Shareholders of record on the record date receive dividends. The other dates relate to announcement and payment timing.
Turn it into reps
Reading one answer is not the same as being ready
Lucky the Banker is a free practice app with 1,867+ SIE questions, weak-area tracking, and timed mock exams. No credit card, no paywall.
Spot an error in this question or explanation? Tell us — we fix these fast.
Related Equity Securities questions
- A company has $100 million in assets, $40 million in liabilities, and 10 million common shares outstanding. Preferred…
- Which statement about rights and warrants is TRUE?
- If a company calls its preferred shares at a price above par and interest rates have dropped, which is likely true?
- The primary function of preemptive rights is to:
- A company issues warrants at $20 when its stock is $16. After three years, the stock is $28. What is the intrinsic…
- A convertible preferred stock with a $100 par value is convertible into 5 shares of common stock. If the common stock…
- In a cumulative voting system, a shareholder with 200 shares and 4 director seats to vote on may cast how many votes…
- Which of the following best describes common stock's risk and return profile?