Record Date
The record date is when a company tallies its shareholders to decide who’s eligible for a dividend, bonus or other corporate action. Because of the T+1 settlement, you must buy a day or two before to be on the books by the record date.
The record date is when a company tallies its shareholders to decide who’s eligible for a dividend, bonus or other corporate action. Because of the T+1 settlement, you must buy a day or two before to be on the books by the record date.