stockholder of record

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stockholder of record

A stockholder of record receives a dividend check in the mail.

Definition

Noun: - The registered owner: A "stockholder of record" is the individual or entity whose name is officially listed on a corporation's shareholder register as the legal owner of shares at a specific point in time. This designation is crucial for determining who is entitled to receive dividends, vote at shareholder meetings, and receive corporate communications.

Usage
  • This term is used in corporate finance and investment contexts to identify the official, legally recognized owner of securities for administrative purposes like dividend payments and voting rights.
  • It often appears in phrases specifying a date, such as "record date" or "as of the record date."
Examples
  • Noun:
    • To be eligible for the upcoming dividend, you must be a stockholder of record by the close of business on Friday.
    • The company sent the annual report to every stockholder of record.
    • Only stockholders of record as of May 1st are permitted to vote at the annual meeting.
Advanced Usage
  • "Holder of record": A synonymous term often used interchangeably with "stockholder of record."

    • The dividend will be paid to all holders of record on the specified date.
  • "Beneficial owner vs. stockholder of record": In modern markets, shares are often held in "street name" by a broker (who is the stockholder of record), while the actual investor is the beneficial owner. The corporation's records may only show the broker's name.

    • Although the brokerage firm is the stockholder of record, I am the beneficial owner and receive all economic benefits.
Variants and Related Words
  • Record date (n): The specific date on which a company reviews its records to identify its stockholders of record for a particular corporate action.

    • The record date for the dividend is next week.
  • Registered shareholder (n): Another term for a stockholder of record.

    • As a registered shareholder, you will receive your proxy materials directly.
Synonyms
  • Registered owner
  • Holder of record
  • Registered shareholder
Related Phrases
  • Of record: A phrase used to indicate official registration or listing.
    • The attorney of record for the case is Ms. Jones. (This illustrates the grammatical pattern, though in a different legal context.)
Notes
  • This term is a fixed compound noun. Its meaning is specific to corporate share ownership and should not be confused with informal uses of "stockholder" or "record."
  • The concept is central to understanding corporate governance and the administration of shareholder rights.
stockholder of record

A stockholder of record receives a dividend check in the mail.

Noun
  1. the stockholder whose name is registered on the books of the corporation as owning the shares at a particular time