Question: TechNova Inc. declared a $ 0 . 4 0 per share dividend on Thursday, May 6 . The dividend will be paid on Friday, May

TechNova Inc. declared a $0.40 per share dividend on Thursday, May 6. The dividend will be paid on Friday, May 28, to shareholders of record on Wednesday, May 19. Which one of the following is the ex-dividend date?
Question 3Answer
a.
Thursday, May 20
b.
Tuesday, May 18
c.
Friday, May 14
d.
Monday, May 17
e.
Wednesday, May 19

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