Question: . Ecobank Ghana declared a Ghc 0.20 a share dividend on Thursday, October 16. The dividend will be paid on Monday, November 10 to shareholders

. Ecobank Ghana declared a Ghc 0.20 a share dividend on Thursday, October 16. The dividend will be paid on Monday, November 10 to shareholders of record on Friday, October 31. Which one of the following is the ex-dividend date? *

(a) Tuesday, October 28

(b) Wednesday, October 29

(c) Thursday, October 30

(d) Wednesday, November 5

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!