On May 3, 2021, Martin Manufacturing Co.'s board of directors declared a dividend of 75 cents per

share payable on Thursday, June 24, 2021, to shareholders of record as of Monday, June 7, 2021.

a) When is the ex-dividend date?

b) If a shareholder buys stock before the date in part a), who gets the dividends on those shares, the buyer or the seller?

c) If a shareholder buys stock on the date in part a), who gets the dividends on those shares, the buyer or the seller?

d) If a shareholder buys stock after the date in part a), who gets the dividends on those shares, the buyer or the seller?