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.
Ex-Dividend/Distribution Date The first day on which a stock trades without the right to receive the dividend/distribution. Normal Dividend/Distribution A dividend/distribution amounting to less than 25% of a company's stock price. Owner of record The registered owner of a security on the Record Date.x-Dividend/Distribution Date The first day on which a stock trades without the right to receive the dividend/distribution. Normal Dividend/Distribution A dividend/distribution amounting to less than 25% of a company's stock price. Owner of record The registered owner of a security on the Record Date.