record date

record date
The date set to determine the owner entitled to the next dividend, interest, or principal payment. The payment is due to the owner who owned the security on the record date. American Banker Glossary
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(1) Date by which a shareholder must officially own shares in order to be entitled to a dividend. For example, a firm might declare a dividend on Nov. 1, payable Dec. 1 to holders of record Nov. 15. Once a trade is executed, an investor becomes the "owner of record" on settlement, which currently takes five business days for securities and one business day for mutual funds. stocks trade ex-dividend the fourth day before the record date, since the seller will still be the owner of record and is thus entitled to the dividend. (2) The date that determines who is entitled to payment of principal and interest due to be paid on a security. The record date for most MBS is the last day of the month, although the last day on which an MBS may be presented for the transfer is the last business day of the month. The record dates for CMOs and asset-backed securities vary with each issue. Bloomberg Financial Dictionary
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It is the date on which positions are struck at the end of the day to identify which parties will receive the entitlement. Euroclear Clearing and Settlement glossary
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The date on which a shareholder must be registered as the owner of shares in order to be entitled to a dividend. Exchange Handbook Glossary

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record date record date ➔ date1

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   The date on which a shareholder must be the official owner of shares to be entitled to the dividend. This date is set by the board of directors.
   ► See also Ex, Ex-Dividend.

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record date UK US noun [C or S] FINANCE, STOCK MARKET
► the official date on which a shareholder must own shares in order to receive dividend payments on them or to vote at a shareholders' meeting: »

Each shareholder may cast one vote for each full share and a partial vote for each partial share that they own on the record date, which is December 21, 2011.


Financial and business terms. 2012.

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Look at other dictionaries:

  • record date — n: the date on which a corporation determines the identity of its shareholders and their holdings (as for determining who is entitled to notice of a shareholder meeting or who is entitled to vote at such a meeting or to receive dividends) –… …   Law dictionary

  • Record date — (1) Date by which a shareholder must officially own shares in order to be entitled to a dividend. For example, a firm might declare a dividend on Nov 1, payable Dec 1 to holders of record Nov 15. Once a trade is executed an investor becomes the… …   Financial and business terms

  • Record Date — The date established by an issuer of a security for the purpose of determining the holders who are entitled to receive a dividend or distribution. On the record date, a company looks to see who its shareholders or holders of record are.… …   Investment dictionary

  • Record date — Das Record Date ist ein Stichtag (keine Frist), der in Deutschland 21 Tage vor der Hauptversammlung einer Aktiengesellschaft liegt. Er bezieht sich auf das Recht, Stimmrechte auf der Hauptversammlung auszuüben, auch falls die Anteilsscheine noch… …   Deutsch Wikipedia

  • record date — date being referred to, date determined by an index …   English contemporary dictionary

  • record date — The date specified in the declaration of a dividend on corporate stock as of which one must be a stockholder of record in order to be entitled to the dividend, the specification of date being for the purpose of determining the right to the… …   Ballentine's law dictionary

  • Record date —   An ISO term. The date on which holders of record are established for the income being paid or for entitlement to the rights. 6n …   International financial encyclopaedia

  • record date — / rekɔ:d deɪt/ noun same as date of record …   Dictionary of banking and finance

  • record date — It is the date on which positions are struck at the end of the day to identify which parties will receive the entitlement …   Euroclear glossary

  • date of record — date of record: record date Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

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