Register
Billingsley United declared a $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
7.0k views
2 votes
Billingsley United declared a $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. Thursday, November 6.

User Rzwnahmd
by
6.3k points

1 Answer

3 votes

Answer:

B) Wednesday, October 29

Step-by-step explanation:

The ex-dividend date is two business days before the date a dividend is recorded. The ex-dividend date is used to determine who will receive the payment of the next dividends. If an investor buys a share after the ex-dividend date is established, the dividends will be paid to the seller, not the buyer.

User Halflings
by
5.7k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.5m questions

8.5m answers

Other Questions

One reason that businesses want to combine with other businesses is to A. avoid taxes. B. delay expenses. C. hire more workers. D. reduce expenses.
Which of the following possesses the sole power to create revenue bills?
A ______ is "the basic interpretive mechanism to let people know what an organization is doing and are sent out to editors and reporters in hopes of stimulating favorable stories about their organizations"
Individuals are free to produce and sell whatever products they wish
A business plan should generally project financial and operational aspects of the proposed business for the first a. six months. b.one year. c. three to five years. d. seven years.
Link Copied!