When does the company record the dividend?Multiple choice question.declaration datelast day of the fiscal yeardate of paymentdate of record
Question
When does the company record the dividend?Multiple choice question.declaration datelast day of the fiscal yeardate of paymentdate of record
Solution
The company records the dividend on the declaration date. This is the date when the board of directors announces to shareholders that a dividend will be paid, and the amount of the dividend.
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