The dromedary (/ËdrÉmÉdÉri/ or /-Édri/), also called the Arabian camel (Camelus dromedarius), is a large, even-toed ungulate with one hump on its back. First described by Aristotle, the dromedary was given its binomial name by Carl Linnaeus in 1758. The oldest known ancestor of the dromedary is the Protylopus. Males are 1.8â2 m (5.9â6.6 ft) tall and females are 1.7â1.9 m (5.6â6.2 ft) tall. Males range from 400â600 kg (880â1,320 lb), while females weigh 300â540 kg (660â1,190 lb). They vary in colour from a light beige to dark brown.
A corporation's Board of Directors must declare all dividends. Four dividend-related dates are important to this process: Declaration Date The declaration date is the date that the dividend is announced by the Board of Directors. The declaration statement includes the size of the dividend, the date of record and the payment date (see below). Once the dividend has been declared, the company has a legal responsibility to pay it.
Consider an example. Assume company Alpha has declared a dividend of $1 payable on May 1, 2015 to shareholders of record as of April 10, 2015. The record date is therefore April 10, 2015 and the ex-dividend date is two business days before the record date, or April 8, 2015.If Sam wishes to receive the dividend of $1 per Alpha share, she should buy the stock before its ex-dividend date.If she buys Alpha shares on April 7, her trade will settle on April 10; since she is a shareholder of record as of April 10, she will receive the dividend.he ex-dividend date is set for stocks two business days before the record date. It is also important to account for the U.S. T+3 system for the settlement of stocks, which stipulates that it takes three business days to fully process a transaction.