Which of the Following Is TRUE About the Date of Record

Multiple Choice

Which of the following is TRUE about the date of record?

A) On the date of record, the company issues new shares.
B) On the date of record, the company determines who owns the shares as of that date.
C) On the date of record, the company records the dividend payable amount.
D) On the date of record, the company disburses dividend payments to shareholders.