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Record date

The date on which the register of shareholders entitled to a dividend is fixed.

How to read the number

Shares must be bought earlier: with the settlement cycle, the last day to buy falls before the record date itself.

When the metric lies

The day after the record date the price usually drops by roughly the dividend. That is mechanics, not a crash.

Also known as: record date, ex-dividend date, cut-off date

Related terms

Следующий шаг курса «A dividend strategy» · разборHow to receive a dividend, step by stepWhat to do and when so the payout reaches your account, and which mistakes cost it most often.Читать дальше Предыдущий шаг: How dividends work on the Russian market