You currently own 100 shares of stock that has declared a dividend of $2 per share and the dividend is scheduled to be delivered at the end of the month. The date of record is November 18, 2021. If you sold your 100 shares on November 17, 2021, explain how the impending distribution would be allocated based on dividend ownership:

Group of answer choices

The buyer would receive the full $200 in dividends since they took possession of the stock prior to the date of record

The buyer would split the dividend payments with you since you were the owner on record for the first half of the month, so you each would receive $100

The buyer would not receive any of the dividends from the upcoming distribution since the stock was sold ex-dividend and you would be the owner recorded on the date of record, so you get the $200.