The date on which cash dividends are paid is the a. last day of the fiscal year-end. b. date of record. c. date of declaration. d. date of payment.

Question

Cedric Hayden

Business

5 January, 03:44

The date on which cash dividends are paid is the a. last day of the fiscal year-end. b. date of record. c. date of declaration. d. date of payment.

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Answers (1)

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Kaitlin Bullock · Answer 1

d. date of payment

Explanation:

At the time of recording the dividend, the dividend should be recorded based on the different dates that involve date of declaration, the date of record, and the date of payment.

The date of declaration is the date at which the dividend is declared

The date of record is the date at which the dividend is recorded

And, the date of payment is the date at which the cash dividends are paid