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Answer: The declaration date, which is when the company announces the dividend.
The correct answer is **C** because the dividend payment chronology begins with the **declaration date**, when the company announces the dividend. The **ex-dividend date** follows, marking the first day the stock trades without the dividend. The **record date** and **payment date** occur later in the sequence. This order ensures clarity in ownership and distribution of dividends.
Author: LeetQuiz Editorial Team
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In the chronology of dividend payments, the ex-dividend date is most likely to occur after which of the following?
A
The record date, which is the date a shareholder must be listed on the company's books to receive the dividend.
B
The payment date, which is when the company disburses the dividend to shareholders.
C
The declaration date, which is when the company announces the dividend.
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