Question: EX - DIVIDEND DATE A $ 1 dividend declared on August 2 3 rd has a date of record of September 1 6 th and
EXDIVIDEND DATE
A $ dividend declared on August rd has a date of record of September th and will be paid on October th Assume all days are business days for this question.
a What is the exdividend date?
b Will a shareholder who purchases the stock on September th receive the dividend? What about September th
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