Question
On May 2, River Corp. board of directors declares a dividend of 50 cents per share payable on July 15, to shareholders of record as
"On May 2, River Corp. board of directors declares a dividend of 50 cents per share payable on July 15, to shareholders of record as of Friday, May 31. What is the ex-dividend day?"
| "Thursday, May 30" | ||
| "Wednesday, May 29" | ||
| "Tuesday, May 28" | ||
| Two trading days before July 15 |
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Option Strategies For Earnings Announcements A Comprehensive, Empirical Analysis
Authors: Ping Zhou , John Shon
1st Edition
0132947390,0132947404
