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What is the dividend record date and payment date?

dividend payment record
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What is the dividend record date and payment date?

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With every dividend declaration by the Board, Baxter discloses the record date and payment date in a press release, which is also posted on Baxter’s website. The record date is the day upon which the shareholders of record are entitled to the upcoming dividend payment. However, it is important to be aware of the ex-dividend date, which will impact whether or not you receive the next dividend (see discussion below). The payment date is the day when the dividend checks will actually be mailed to the shareholders of a company or credited to brokerage accounts.

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