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A companys dividend policy refers to the manner in which a firm distributes its earnings to shareholders. Rinsemator Group. recently paid a dividend to its
A companys dividend policy refers to the manner in which a firm distributes its earnings to shareholders. Rinsemator Group. recently paid a dividend to its shareholders. The following table offers a timeline of events surrounding the dividend.
Date | Event |
---|---|
May 2 | Declaration date |
June 2 | With-dividend date |
June 3 | Ex-dividend date |
June 5 | Holder-of-record date |
July 14 | Payment date |
Based on this information, answer the following questions.
The date on which investors are aware of the size and timing of a future dividend payment is . | |
The last day that an investor can buy a share of Rinsemator Group.s stock and still be entitled to the dividend is . | |
The day when Rinsemator Group. will actually pay the dividend is . | |
If Victor buys 10 shares of Rinsemator Group. stock from Susan, Victor must inform the company that he owns the shares to by that he is eligible to receive the recently announced dividend payment. |
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