Dividend Dates Timeline

1. The timeline shown is summarizing the important dates and events involved in the declaration and payment of dividends. Which of the following events occurs first in this sequence? In other words, what is event #1 in the timeline?

A. Date of record (also known as the record date)

B. Ex-dividend date

C. Payment date

D. Date of declaration (also known as declaration date)

2. The timeline shown is summarizing the important dates and events involved in the declaration and payment of dividends. Which of the following events occurs SECOND in this sequence? In other words, what is event #2 in the timeline?

A. Date of record (also known as the record date)

B. Ex-dividend date

C. Payment date

D. Date of declaration (also known as declaration date)