Question
CBA declares a $0.5 share dividend on 10 million shares on 5 April to shareholders at the 15 April and paid on 30 April. Nelson
CBA declares a $0.5 share dividend on 10 million shares on 5 April to shareholders at the 15 April and paid on 30 April. Nelson buys 0.5 million shares on 7 April, another 0.5 million shares on 17 April, and a further 1 million shares on 5 May. How much does Nelson receive as a dividend?
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Record date is important and record date is 15 April shares acquired upto ...
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
6th edition
978-0077328894, 71313974, 9780077395810, 77328892, 9780071313971, 77395816, 978-0077400163
