A dividend date of record is the date on which the corporation : A) makes no ent

Question

A dividend date of record is the date on which the corporation : A) makes no entry B) records an increase in dividends C) records a decrease in dividends payable D) records an increase in dividends payable A dividend date of record is the date on which the corporation : A) makes no entry B) records an increase in dividends C) records a decrease in dividends payable D) records an increase in dividends payable A) makes no entry B) records an increase in dividends C) records a decrease in dividends payable D) records an increase in dividends payable

Explanation / Answer

A dividend date of record is the date on which the corporation makes no entry.

On that date the cash dividends are received by the stockholders.

Option A) is correct.

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