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.
record earnings, so the board of directors decides to declare a special extra dividend of $1 per share with a record date of Tuesday, June 12, 2007. The ex-date will be two business days earlier, on Friday, June 8. If you own the stock on Thursday, June 7, you will get the $1 dividend because the stock is trading with (or cum) dividend. If you. wait to own the stock on Friday, June 8, you are not entitled to the $1 annual dividend.