record date

Definition

Date, set by the issuing company, on which an individual must own shares in order to be eligible to receive a declared dividend or capital gains distribution. The date is also used by the NASD to set the ex-dividend date. also called date of record.

Use record date in a sentence

He was eligible and everything was set for the record date and the most important thing was that everyone was happy.

​ Was this Helpful? YES  NO 4 people found this helpful.

I knew the company would be paying dividends so I found out the record date that they'd be looking at before I sold the stock.

​ Was this Helpful? YES  NO 9 people found this helpful.

The family running the small business decided to distribute gains to its employees, but now all of them were considered holders of the stock by the record date.

​ Was this Helpful? YES  NO 2 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
dividend notification ex-stock dividends