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ABC Corporation announced that it would pay a dividend to all shareholders of record as of Wednesday, April 5, 2017. It takes three business days
ABC Corporation announced that it would pay a dividend to all shareholders of record as of Wednesday, April 5, 2017. It takes three business 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? O A. April 4 OB. April 1 O C. April 3 OD. March 30 b. What was the last day an investor could purchase ABC stock and still get the dividend payment? O A. March 29 OB. April 4 O C. March 31 O D. April 3
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