On August 25, A. Alexander sold 25 shares of XYZ Company stock, certificate No. 184A, to B. Bailey, who then sold these 25 shares to C. Conrad on August 31. On September 6, C. Conrad sold the same 25 shares to D. Daniels. The board of directors of XYZ Company declared a dividend on August 23 to holders of record on September 5, payable on September 10. Who is entitled to the dividend for the shares of stock represented by certificate No. 184A?

• A. Daniels

• B. Alexander 

• C. Bailey 

• D. Conrad