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The board of directors of Harrington Inc. declared cash dividends of $4 per share on common stock on June 1. The dividends are payable on

The board of directors of Harrington Inc. declared cash dividends of $4 per share on common stock on June 1. The dividends are payable on July 15 to stockholders of record on June 30. Identify the stockholder who will receive the cash dividend.


a) Rukshad purchased common shares on July 14. 


b) Marta purchased common shares on June 30. 


c) Chao sold all of his common shares on June 2. 


d) Mike sold all of his common shares on July 1.

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