Ask Question
11 April, 23:43

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.

+1
Answers (1)
  1. 12 April, 01:03
    0
    B) Wednesday, October 29

    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.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Billingsley United declared a $0.20 a share dividend on Thursday, October 16. The dividend will be paid on Monday, November 10 to ...” 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