Scribd
Upload
43 views

Book Closure

Book closure refers to a company announcing a cutoff date to identify shareholders eligible for an upcoming dividend or bonus. The company records which investors own shares as of the book closure date, and only those shareholders will receive the corporate benefits. Anyone owning stock before the book closure announcement will be entitled to the upcoming dividend.

Uploaded by

Gaurav
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
43 views

Book Closure

Book closure refers to a company announcing a cutoff date to identify shareholders eligible for an upcoming dividend or bonus. The company records which investors own shares as of the book closure date, and only those shareholders will receive the corporate benefits. Anyone owning stock before the book closure announcement will be entitled to the upcoming dividend.

Uploaded by

Gaurav
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 1

Book Closure

What Does Book Closure Mean?


A company's announcement of a dividend or bonus to investors.

Investopedia explains Book Closure


Only members listed in the company's registration at the cutoff date would be entitled to receive
the corporate benefits. However, because shares continuously change hands during transactions,
identifying the owner of certain shares becomes complicated. If a company announces book
closure today, anyone who currently owns the stock will be entitled to the dividend.

You might also like