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.

Noun

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