Question

Which of the following is not a date associated with the declaration and payment of dividends?

1) Declaration date
2) Record date
3) Ex-dividend date
4) Payment date

Answer 1

The payment date is not a date associated with the declaration and payment of dividends.

Step-by-step explanation:

The answer is 4) Payment date. The declaration date is the date on which a company's board of directors announces the intention to pay a dividend. The record date is the date on which a shareholder must officially own shares in order to be eligible to receive a dividend. The ex-dividend date is the date on which the stock begins trading without the dividend. And finally, the payment date is the date on which the dividend is actually paid to shareholders.