1. Anyone holding a stock before its ex-dividend date is entitled to the dividend. True or False? 2. Stocks that are purchased on the record date are not entitled to the dividend. True or False? 3. Companies can pay out cash to their shareholders in two ways. They can pay a dividend or they can buy back some of their outstanding shares. True or False? 4.Dividends are paid to all shareholders who are recorded in its books on the payment date. T or F? 5.Dividends are paid to all shareholders who are recorded in its books on the record date. T or F?