SIE Exam Question 1017: Answer and Explanation

Question: 1017

____ The date that it is determined who owns stock in the company and is entitled to receive a dividend.

• A. Date of declaration
• B. Ex-dividend date
• C. Date of record
• D. Date of payment

Correct Answer: C

Explanation:

The date of record is the date that it is determined who owns stock in the company and is entitled to receive a dividend.