Dividend Date
Purchaser must buy stock at least 2 business days prior to the
Record Date
a decision by a company's board of directors to increase the number of shares outstanding by issuing more shares to current shareholders.
Stock Split
Issued shares subsequently repurchased by the corporation; no voting rights & no dividends.
Treasury Stock
Voting Rights
Common Stock
The date set by the Board of Directors on which the actual checks will be sent to stockholders of record
Payable Date
Purchase price X Number of Share=
Cost Basis
Mortage bond holders, Unpaid wages and taxes, unsecured or general creditors - debenture holders, preferred stock holders & common stocksholders
Rights Upon Liquidation of Bankruptcy
Issues with a specific dividend rate
Preferred Stock
The first day when stock will trade without the purchaser receiving the upcoming dividend.
Ex-Dividend Date
Difference between the purchase price and the current market price at the time of sale
Board of Directors; Increase in authorized shares; Change in par value; statutory vs cumulative
Are examples of:
Voting Rights
Higher priority right if the company is liquidated or goes bankrupt.
Preferred Stock
The date set by the Board of Directors based on the list of shareholders who own the security.
Record Date
is the report to the IRS by issuers of all cash dividends and capital gain distribution made by mutual funds
1099-DIV
Issued shares minus treasury stock=
Outstanding Shares
Greater potential for capital appreciation
Common Stock
The date a distribution is declared by the corporation's Board of Directors
Declaration Date
is for the interest paid on taxable and tax-free bonds
1099-INT
Receive dividends, if declared; receive annual reports; preemptive right to maintain their percentage of ownership; Voting Rights; Right to assets upon liquidation & transfer rights
Rights of the Common Stockholders
Ownership in the company
Common and Preferred Stock