what is proprietorship business? Proprietorship or sole proprietorship which is also known as sole trader, is a type of business entity owned and operated by one person. It is also like a individual giving business name for himself to perform business activities professionally.
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.
The idea is to have your name on the register of shareholders on the 13th of June which is the Record date. For that to happen, you must buy the share before the 11th of June, which will be the Ex-dividend date. (Click to enlarge) On 11th of June the share will become Ex-dividend.