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The record date, or date of record, is the cut-off date established by a company in order to determine which shareholders are eligible to receive a dividend or distribution.
The record date is the cut-off date used to determine which shareholders are entitled to a corporate dividend. To be eligible for the dividend, you must buy the stock at least two business days before the record date.
The Record date is the cut-off date set by the company to determine its shareholder's eligibility to receive dividend payments. The date helps ascertain exactly who the shareholders of the company are, as of the date, that are to be paid dividends.
The annual board of directors meeting is held to go over the details of the past year and decide on actions and strategies for the corporation for the next year. Keeping meeting minutes helps to ensure all these actions are documented in the corporate record.
A record date is a date fixed by the directors for the purpose of determining which shareholders are entitled to receive notice of and vote at a meeting. The record date must not be more than 50 days or less than 21 days before the date on which the meeting is to be held.