Question:
The three significant cash dividend dates are (in order) the dates of:
A. declaration, distribution, and payment.
B. record, distribution, and payment.
C. declaration, record, and distribution.
D. declaration, record, and payment.
Return on Investment:
Growth companies are characterized by high levels of reinvestment into the company and offer as a return to investors a rapidly increasing value of their shares. Established companies, by contrast, often used their retained earnings to pay out cash dividends.
Answer and Explanation:1
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The three significant cash dividend dates are (in order) the dates of c) declaration, record, and distribution.
The board meets and determines...
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