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Your friend Cindy bought 100 shares of ABC Inc. stock on January 20th at $12.05 per share. ABC Inc. declared a $0.60 per share dividend
Your friend Cindy bought 100 shares of ABC Inc. stock on January 20th at $12.05 per share. ABC Inc. declared a $0.60 per share dividend on February 24th, with a record date of Friday, March 24th, and a payment date of April 15th. Cindy sold her 100 shares on Wednesday March 22nd at a price of $13.80 per share. According to the current TSX rules, ex-dividend date is one business day prior to the record date, how much would Cindy make on this investment? $235 $117 $175 $147 $115
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