Question

In order to receive a dividend, a stockholder must purchase stock before a certain date. That date is called the ___.

Answer 1

The date on which a stockholder must purchase stock before to receive a dividend is called the ex-dividend date.

Step-by-step explanation:

The date on which a stockholder must purchase stock in order to receive a dividend is called the ex-dividend date.

On this date, the stock starts trading without the right to receive the upcoming dividend. If an investor purchases the stock on or after the ex-dividend date, they will not be eligible to receive the dividend payment.