On Thursday, May 18, the board of directors of ABC declares a 30-cent-per-share dividend to shareholders of
Question:
On Thursday, May 18, the board of directors of ABC declares a 30-cent-per-share dividend to shareholders of record as of Tuesday, June 13. The dividend will be paid on Wednesday, June 28.
a. What is the declaration date?
b. What is the date of record?
c. What is the ex-dividend date?
d. What is the payment date?
DividendA dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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a The declaration date is ...View the full answer
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Related Book For 
Investment Analysis and Portfolio Management
ISBN: 978-1305262997
11th Edition
Authors: Frank K. Reilly, Keith C. Brown, Sanford J. Leeds
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