B Corp has announced four dates (payment date, ex-dividend date, announcement date and record date) associated...
B Corp has announced four dates (payment date, ex-dividend date, announcement date and record date) associated with its forthcoming dividend. The dates are August 1, October 1, August 30 and August 28. Which one of these dates is the record date and which is the ex-dividend date?
Multiple Choice
Record date = October 1, ex-dividend date = August 30.
Record date = August 28, ex-dividend date = August 30.
Record date = August 1, ex-dividend date = August 28.
Record date = August 30, ex-dividend date = August 28.
Homework Answers
D. Record date = August 30, ex-dividend date = August 28.
Ex-dividend date is two days before the record date.
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