Stock Market Brief Deck for "this does not happen often".pdf
Dividend Policy Types Mechanics Objectives
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4. Dividend Declaration Time Line Declaration Date Date of Record Date of Payment Ex Dividend Date is determined by the Date of Record. The market value of the shares drops by the value of the dividend per share on market opening…compared to the previous day’s close. The Board Meets and passes the motion to create the dividend 2 business days prior to the Date of Record