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.
1 Date of record: On the declaration date, boards typically also announce a date of record, an ex-dividend date, and a pay date. 2  Those who are registered with the company as share owners on the date of record will receive dividends.3  Those not registered as shareholders on the date of record do not receive dividends. Shares traded on the in-dividend date are called in-dividend shares or cum dividend shares, meaning they are with dividend.. 2  Shares traded on or after the ex-dividend date are said to be ex-dividend shares. 3  They are typically priced lower than they were earlier as cum dividend shares.