Definitions for "holder of record"
The name of an individual or entity that an issuer carries in its records as...
The party whose name appears on a company's stockholder register at the close of business on the record date. That party will receive a dividend or other distribution from the company in the near future.
Shareholders who own a stock on a specific date. Therefore they should be paid the dividends.
The name of the person who is the registered owner of a security.