Dividend record date

(Div Rec).

The date on which a shareholder's entitlement to receive the next dividend payable by a company becomes fixed, notwithstanding any subsequent transfer of the related shares to a subsequent shareholder.

The shareholders in the company's records as of the record date are entitled to receive the next dividend or other distribution.

Also known as the 'date of record'.

See also

• Cum dividend
• Ex dividend
• Ex-coupon