A distribution in kind refers to the transfer of property other than money from an organization to an individual, often in a corporate context where non-cash assets, like automobiles, are distributed to shareholders.
In-kind distribution refers to the distribution of assets or property directly to beneficiaries, rather than converting those assets to cash and distributing the proceeds.
The record date, also known as the date of record, is a critical date set by a company upon which shareholders must be on the corporation's books in order to receive the benefits of a corporate action, such as a dividend payout or stock split.
Benefits offered by a company to its shareholders as a reward for their loyalty. The benefits are given in addition to dividends and are tax-free.
