Anthony bought $50$ shares of The FRL Corporation common stock on March $11$th$.$ Gerd bought $50$ shares of The FRL Corporation common stock on April $6$th$.$ On March $9$th The FRL Corporation announced a $$1\mathrm{.}25$ dividend to stockholders of record on Monday, April $10$th $.$ The announcement said that the $$1\mathrm{.}25$ dividend will be paid to the stockholders on April $25$th$.$

Select the statement concerning the $$1\mathrm{.}25$ dividend that is true.

Multiple Choice

Only Anthony will receive the dividend.

Neither Anthony nor Gerd will receive the dividend.

Both Anthony and Gerd will receive the dividend.

Only Gerd will receive the dividend.

Both Anthony and Gerd are each entitled to $1/2$ of the dividend amount.