Attempts: Keep the Highest: 3 4. Dividend payment procedure When a company pays
ID: 2806174 • Letter: A
Question
Attempts: Keep the Highest: 3 4. Dividend payment procedure 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 which critical dividend date relates to each of the statements. Declaration Date Holder-of-Record Date Ex-Dividend Date Statements Payment Date Atlantic Northern Inc.'s board of directors announced that it wil pay a $1 million dividend in three months on this date. Atlantic Northern Inc. actually sent the dividend checks to stockholders on this date. Atlantic Northern Inc.'s board of directors declared that whoever is listed as the owner of the stock on this date will receive the dividend for this year Atlantic Northern Inc.'s board of directors set this date as the date on which the right to the current dividend no longer accompanies the stock.Explanation / Answer
Answer)
Statement 1 ) Declaration date
Statement 2) Payment Date
Statement 3) Holder of record date
Statement 4) Ex dividend date
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