Ask Question
25 January, 05:34

On may 10, the ceo of massmachine announced a quarterly dividend of $.50 per share to be paid on june 25 to all stockholders on the record as of friday june 6. what is the latest date that you could purchase the stock and receive the quarterly dividend

+4
Answers (1)
  1. 25 January, 07:39
    0
    It would be on June 3rd. This is the day before the ex-dividend date. The ex-dividend date for stocks is typically set one working day before the record date. If you acquire a stock on its ex-dividend date or after, you will not obtain the next dividend imbursement. As an alternative, the vendor gets the dividend. If you buy earlier than the ex-dividend date, you can get the dividend.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “On may 10, the ceo of massmachine announced a quarterly dividend of $.50 per share to be paid on june 25 to all stockholders on the record ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers