Define: Record Date

A record date is the date set by a company to determine which shareholders are eligible to receive certain benefits, such as dividends or voting rights.

The record date is typically determined by the company’s board of directors and is usually set in advance, often in conjunction with the announcement of a dividend or a shareholders’ meeting.

Yes, the record date can be changed by the company if necessary. However, any changes must be communicated to the shareholders in a timely manner.

If you buy shares after the record date, you will not be eligible to receive the benefits associated with that particular record date. The benefits will instead go to the previous owner of the shares.

Yes, you can sell your shares after the record date and still receive the benefits associated with that record date. The benefits will be transferred to the new owner of the shares.

Yes, you can transfer your shares to someone else before the record date. However, the new owner will be the one eligible to receive the benefits associated with that record date.

If you own shares on the record date but sell them before the benefits are distributed, you will not be eligible to receive the benefits. The benefits will go to the new owner of the shares.

No, you cannot attend a shareholders’ meeting if you sell your shares before the meeting, even if you owned the shares on the record date. Only the current shareholders are eligible to attend and vote at the meeting.

Yes, the record date can be different for different benefits or events. For example, a company may have a separate record date for dividend payments and for voting at a shareholders’ meeting.

You can find out the record date for a specific company by checking their official announcements, such as press releases or filings with the relevant regulatory authorities. Additionally, your broker or financial advisor may also provide you with this information.