The date of record
Book closure date is the date on which the list of shareholders entitled to receive dividends is drawn up. If a shareholder is on this list, then he will be paid dividends depending on the number of shares he owns.
The company received 2 billion rubles of net profit. The company's management decided to distribute half of the net profit as dividends and announced this on May 30.
Along with the decision on the amount of dividends, another date is announced, for example, August 5, which is the closing date of the register (dividend cut-off date).
However, the Book closure date is not the deadline for purchasing securities, it is necessary to take into account the Mode of Trading on the stock exchange and determine the ex-dividend date. For example, on the Moscow Exchange, the trading mode is T+2.
Therefore, to determine the ex-dividend date, it is necessary to subtract 2 business days from the Book closure date.
Aghasi Khanjyan street, 50, Yerevan, Armenia, 0025
Marr street, 16, apt. 5, Yerevan, Armenia, 0079
Loutrakiou, 5, CHARA VENEZIA BUILDING, 1st floor, Office 101, Nicosia, Cyprus, 2027
Zolotukhin & Partners corporation LTD
LLC "Ranks AAA" does not provide brokerage services and does not take funds into trust management.
Legal Entity Code:53125283 Insurer code: 43715106 registered in Ministry of Justice Republic of Armenia.
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