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.
There are several key dates associated with dividends, which are: Declaration date. This is the date on which a company's board of directors sets the amount and payment date of a dividend. Record date. This is the date on which the company compiles the list of investors who will be paid a dividend.