book closure

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Book Closure

The date on which a publicly-traded company announces that a shareholder is entitled to a dividend. Theoretically, only those who own a stock on the announcement date should be entitled to a dividend; however, because shares change hands so often, actually calculating this can become quite complex. To make the process easier, the company may simply announce a book closure date at some point in the near future, which means that whoever owns a share on that day may claim a declared dividend.

book closure

1. The termination of announced benefits to new shareholders. For example, a company announces a specific date on which it will close the firm's books for shareholders to receive a dividend.

2. See holder of record.

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

References in periodicals archive ?

It has declared 20 per cent dividend for FY18 and it has announced a book closure for dividend from September 14, 2018.

Rishabh Digha Steel, Allied Products announce 20% dividend

The dates of Book Closure for the purpose of determination of entitlement of the shareholders shall be announced separately.

LSE PLAYING A DOMINANT ROLE TOWARDS GROWTH OF CAPITAL MARKET IN PAKISTAN

The book closure date for the shareholders to receive rights to subscribe for PMTA shares is 10 February 2015 with the XB symbol to be displayed on 5 February 2015.

Thoresen Thai Agency (SET:TTA) Rights Offering Priced at THB 14 per share, 25% Discount to Market

7 -- With positive signs of change in the Indian economy directing to a significant growth of the office space market across the country, leading corporate interiors firm - Cherry Hill Interiors Ltd, specializing in LEED certified projects have reported an order book closure of INR 300 Crores for the period ended December 31, 2014, as compared to Rs.

Positive signs of growth in office space market helps corporate interiors firm Cherry Hill Interiors Limited close Order Book at Rs 300 Crores for period ended December 31, 2014

M2 EQUITYBITES-April 28, 2014-Axis Bank confirms book closure for dividend and AGM

Axis Bank confirms book closure for dividend and AGM

The book closure for this entitlement shall be announced separately.

LSE declares cash dividend to shareholders

Samsung Electronics' board of directors also decided on the book closure period and the record date for the merger between Samsung Electronics and Samsung Digital Imaging.

Sumsung Electronics to absorb Samsung Digital Imaging through merger

It said that no interest would accrue on the bonds after September 25, 2009 and the book closure of the 54th series would be observed with effect from August 26, 2009.

IDBI Bank announces repayment of SLR bonds

In sum, I hope to have shown that the extant Cena Trimalchionis is not a single ancient book but a continuous conflation with some lacunae of three ancient books, both on the general ground of the length of books in similar ancient texts, and on the particular ground of intratextual signals for the beginning and endings of books, signals which imitate and appropriately modify for a lower genre known epic modes of book opening and book closure.

DIVIDING THE DINNER: BOOK DIVISIONS IN PETRONIUS' CENA TRIMALCHIONIS(*)

Annual General Meeting fixed on 29.06.1995 and Book closure on 25.06.1995 to 02.07.1995.

Impact of budget on the stock market

Basing his work on Marianna Togovnik's seminal book Closure in the Novel (1981), Gaetan Brulotte examines the endings of stories; by showing the various strategies that writers from Kafka to Sartre and Musil use to avoid bringing their novels to a conclusion, Brulotte points out that short stories (including his own) demand an ending, even before their actual composition.