List of entitled shareholders
The list of holders drawn up on a date set by the meeting; the payment is addressed to whoever appears on it.
How to read the number
Entitlement attaches to one particular day rather than to having owned the share at some point: selling after that day does not cancel the payment.
When the metric lies
The date the list is drawn is fixed by the meeting and is not the day on which the trade must be made: settlement of an exchange trade is not instant.
Also known as: entitled shareholders