Question
ABC Corp announced that it would pay a dividend to all shareholders of record as of Wednesday, April 5th, 2017, it takes three (3) days
ABC Corp announced that it would pay a dividend to all shareholders of record as of Wednesday, April 5th, 2017, it takes three (3) days for the new owners of a share of stock to be registered.
a. What was the date of the ex-dividend day?
b. What was the last day an investor could have purchased ABC stock and still received the dividend payment?
A. what was the ex-dividend day?
a. April 3
b. April 4
c. April 1
d. March 30
b. What was the last day an investor could have purchased ABC stock and still get the dividend payment?
a. March 31
b. April 3
c. March 29
d. April 4
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