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stockholder of record
noun
- a stockholder or their agent whose name is registered on the books of the issuing corporation at the close of a business day set for determining that stockholders shall receive dividends or vote on an issue.
Word History and Origins
Origin of stockholder of record1
Example Sentences
The dividend will be payable on June 1 to stockholders of record on May 7.
Each stockholder of record on Aug. 17 will get a dividend of two additional shares for each share held, to be distributed after close of trading on Aug. 24, the company said.
Torchlight also said on Friday it paid a special dividend to its stockholders of record on June 24 and that it implemented a previously approved 1 for 2 reverse stock split.
"Were it up to me, I would hold that the concept of a 'stockholder of record' includes the custodial banks and brokers," he wrote.
The dividend, payable Sept. 11 to stockholders of record on Aug. 19, was raised to 36 cents a share from 33.8 cents.
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