These requirements are now generally triggered when a companys assets reach $10 million and it has 500 shareholders of record.
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Dividends and other distributions are paid only to shareholders of record.
From
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.
Monthly dividends are paid on or about the 20th day of each month to all shareholders of record on or about the 10th day of each month.
From
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.
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