Camelot Manufacturing, Inc. issues the following press release: Camelot Manufacturing will pay a quarterly dividend of $1.00
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Camelot Manufacturing, Inc. issues the following press release: "Camelot Manufacturing will pay a quarterly dividend of $1.00 per share on the 20th of the following month to record holders as of the 20th of this month." This announcement was made on September 3, 2014. Draw a timeline of the dates around this dividend payment. Draw a timeline of the dates around this dividend payment with a two day settlement for stock transactions. Label the announcement date, the ex-date, the record date, and the payment date.
DividendA dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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