Question: Ch 15: Assignment - Distributions to Shareholders: Dividends and Share Repurchases Attempts: Keep tne Hignest: 27a 4. Dividend payment procedure Aa Aa When a company

Ch 15: Assignment - Distributions to Shareholders: Dividends and Share Repurchases Attempts: Keep tne Hignest: 27a 4. Dividend payment procedure Aa Aa When a company pays a dividend,itisn't as simple as getting a paycheck from one's enployer. There are several critical dates in the dividend payment proacess. Identify which critical dividend date relates to each of the statements Declaration Date Holder-of-Record Date Ex-Dividend Date Payment Date Statements Niagular Corp.'s board of directors announced that it will pay a $1 milion dividend in three months on this date. Niagular Corp. actually sent the dividend checks to stockholders on this date. Niagular Corp.'s board of directors declared that whoever is listed as the owner of the stock on this date will receive the dividend for this year Niagular Corp.'s board of directors set this date as the date on which the right to the current dividend no longer accompanies the stock
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