Leslie purchased 100 shares of GT stock on June 7th. Marti purchased 100 shares of GT stock on Monday, July 9th. GT declared a dividend on June 20th to shareholders of record on July 13th that is payable on August 1st. Which one of the following statements concerning the dividend paid on August 1st is correct given this information?

• A. Both Marti and Leslie are each entitled to one-half of the dividend amount.
• B. Leslie is entitled to the dividend, but Marti is not.
• C. Neither Leslie nor Marti are entitled to the dividend.
• D. Marti is entitled to the dividend, but Leslie is not.
• E. Both Marti and Leslie are entitled to the dividend.