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The Rent It Company declared a dividend of $0.60 a share on October 20 th to holders of record on Tuesday, November 2 nd .
The Rent It Company declared a dividend of $0.60 a share on October 20th to holders of record on Tuesday, November 2nd. The dividend is payable on December 1st. You purchased 100 shares of Rent It Company stock on Monday, November 1st.
How much dividend income will you receive on December 1st from the Rent It Company?
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