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ABC compny declared a dividend on April 3 with an ex-dividend date of April 17 and...

ABC compny declared a dividend on April 3 with an ex-dividend date of April 17 and a payment of April 26. what day must you be the owner of stock to receive the dividend?
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Answer #1

Hello Sir/ Mam

If we buy the shares o or after the ex-dividend date, we'll not receive the dividend.

Hence, to receive the dividend, we must be the owner of the shares on ex-dividend date,i.e. 17th April (or more precisely on the next market day of the ex-dividend date)

I hope this solves your doubt.

Feel free to comment if you still have any query or need something else. I'll help asap.

Do give a thumbs up if you find this helpful.

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