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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

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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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