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.
Standard Life Plc declared a dividend on Friday, February 24th. Stockholders of record on Thursday, April 13th will be given a dividend of GBX 13.35 per share on Tuesday, May 23rd. This represents a dividend yield of 3.8%. The ex-dividend date of this dividend is Thursday, April 13th.