Back to Assignment\ Attempts Score no score out of 2/ 2\ 2. Dividend payment procedure\ Dividend policy refers to the manner in which a firm distributes its earnings to shareholders.\ Sacramone Products Co. recently paid a dividend to its shareholders. The following table offers a timeline of events surrounding the dividend.\ Date\ Event\ Oct 4 Declaration date\ Nov 6 Ex-dividend date\ Nov 7 Holder-of-record date\ Dec 16 Payment date\ Based on this information, answer the following questions.\ Which date are investors aware of the size of the dividend and the timing of its payment? \ What is the last day that an investor can buy a share of Sacramone Products Co.s stock and still be entitled to the dividend? \ Which day will Sacramone Products Co. actually pay the dividend? \ If Victor buys 10 shares from Susan, by what business date must Victor inform the company that he owns the shares so that he is eligible to receive the dividends?\ \ Nov 6\ Oct 4\ Nov 7\ Dec 16