From the choices given, choose the options that best describe the purpose of each: ex-dividend date, record date,

payment date, and declaration date.

The day the dividend payment was announced.

Declaration date

Record date

Ex-dividend date

Payment date

The first day you can buy shares and not receive the dividend. 

Declaration date

Payment date

Ex-dividend date

Record date

The day shareholders of record receive the dividend when it is paid. 

Payment date

Declaration date

Ex-dividend date

Record date

The date when the dividend is actually paid. 

Payment date

Declaration date

Ex-dividend date

Record date

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