Aiken Instruments (AIK) has recently declared a regular quarterly dividend of ($0.50), payable on 12 November, with

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Aiken Instruments (AIK) has recently declared a regular quarterly dividend of \($0.50\), payable on 12 November, with an ex-dividend date of 28 October. Which date below would be the holder-of-record date assuming all the days listed are business days and that trades settle three business days after the trade date?

A. 27 October.

B. 30 October.

C. 11 November.

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Corporate Finance A Practical Approach

ISBN: 9781118217290

2nd Edition

Authors: Michelle R Clayman, Martin S Fridson, George H Troughton, Matthew Scanlan

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