The date by which a stockholder must be registered on the firm's roll as having share ownership in order to receive a declared dividend is called the _______________.

A) Date of ex-rights.
B) Date of ex-dividend.
C) Date of record.
D) Date of payment.
E) Date of declaration.

Date of Record

The specific date set by a company on which the shareholders must be on the company's books in order to receive a dividend.

Ex-Dividend

A stock trading term that denotes the timing of dividend payments – if you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment.

Declared Dividend

A portion of a company's earnings announced to be paid to shareholders on a specified date.