Record Date

Dictionary Says

Definition of 'Record Date'


The date established by an issuer of a security for the purpose of determining the holders who are entitled to receive a dividend or distribution.
Investopedia Says

Investopedia explains 'Record Date'


On the record date, a company looks to see who its shareholders or "holders of record" are. Essentially, a date of record ensures the dividend checks get sent to the right people.
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