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.
Important Dividend Dates. When a company declares a dividend, the dividend announcement will include a record date and a payment date for the dividend. The record date determines who owns shares and is entitled to receive the dividend. You must own shares on the record date to receive the dividend.