What is Record Date? Definition of Record Date, Record Date Meaning - The Economic Times (2024)

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What is Record Date? Definition of Record Date, Record Date Meaning - The Economic Times? ›

Definition: The issuing company fixes a particular date when the investor must own shares in order to be eligible to participate in corporate events like receiving dividend, bonus shares etc. This is called record date.

What is a Record Date? Record date, also known as the cut-off date, is the specific day on which a company finalises the list of shareholders eligible for its forthcoming dividend distribution.

Recording Date means the date that the deed is recorded with the county auditor, county recorder, or other appropriate government agency charged with the responsibility for recording real estate transfers and titles.

(1) Date by which a shareholder must officially own shares in order to be entitled to a dividend. For example, a firm might declare a dividend on Nov. 1, payable Dec. 1 to holders of record Nov.

The date of record is the day on which the company checks its records to identify shareholders of the company. An investor must be listed on that date to be eligible for a dividend payout. The date of payment is the day the company mails out the dividend to all holders of record.

(ˈrɛkɔːd taɪm ) noun. very quickly, or in the fastest time recorded. She had hoped to race 11sec faster than her record time. She crossed the finish line in 33 minutes 22 seconds, almost a minute behind her record time last year.

Example of a Record Date

Assume company Beta has declared a dividend of $1, payable on May 2, to shareholders of record as of April 10. Therefore, the record date is April 10 and the ex-dividend date is one business day before the record date, or April 9 (if April 9-10 fall mid-week with no holiday).

Time recording, or personnel time recording, means that a company systematically records the working hours of its employees. At a minimum, the start and end of work are recorded.

Record Of The Year, Explained

The Record Of The Year GRAMMY goes to the artist(s), producer(s), and engineer(s) involved in crafting the specific recording (hence "record") of a song. For example, the winner at the 57th GRAMMY Awards for Record Of The Year was "Stay With Me (Darkchild Version)" by Sam Smith.

Overview of date and time formats

The dates appear as, mm/dd/yyyy in the U.S. and as, dd/mm/yyyy outside the U.S. where mm is the month, dd is the day, and yyyy is the year. The time is displayed as, hh:mm:ss AM/PM, where hh is the hour, mm is minutes, and ss is seconds.

What is the record date rule? ›

The record date will usually be the trading day following the ex-dividend date, which is the trading date the dividend is no longer owed to new buyers of the stock. To be eligible for the upcoming dividend, you must buy the stock at least two business days before the record date.

The record date is the last date on which shareholders are eligible to receive a dividend or distribution. It's established by the company's board. The payment date is the date set by a company when it will issue payment on the stock's dividend.

The date on which a shareholder must be registered as the owner of shares in order to receive a dividend or other entitlement. Also, in the context of a rights issue, the reference date for entitlement to nil paid rights.

Can you sell on the record date and still get the dividend? Yes, you can sell anytime on or after the ex-dividend date and still be eligible for the dividend. All investors who owned stock by the end of the trading session the day before the ex-dividend date will receive the payout.

They are the "record date" or "date of record" and the "ex-dividend date" or "ex-date." When a company declares a dividend, it sets a record date when you must be on the company's books as a shareholder to receive the dividend.

In India, the delivery of shares into a Demat account takes place two days after the trading date. All existing shareholders before the ex-date and record date are eligible to receive bonus shares issued by a company. However, to qualify for bonus shares, the company stocks must be bought before the ex-date.

Conversely, the record date for the dividend serves as a cutoff point for determining dividend entitlement. Shareholders listed in the company's records as of the record date are entitled to receive dividends, reflecting their ownership status at that moment.

Rights are offered to only those shareholders whose names exist on the register of shareholders of the company on the record date. That is the cut-off date for the issue of rights shares. 2 days prior to that will be the Ex-Rights date.

As a result, one way to express the rule is that, in order to receive the dividend, your settlement date must happen on or before the record date the company has set for the dividend. If it's after, you won't receive the dividend.

The declaration date is the day a company's board declares the company's dividend, which comes before payment. Most companies pay dividends quarterly, declaring them four times a year. The payment date is the day the company issues dividend payments to shareholders and can be a week after the record date.