A share that trades immediately following the date that the dividend is paid is said to be trading ________________
A)Cum- rights
B)Ex- rights
C)Ex- dividend
D)Cum- dividend

Question

Quizplus · Accepted Answer

When a share is trading "ex-dividend," it means that the buyer of the share will not receive the next coming dividend payment, since he/she did not own the share before the ex-dividend date. Therefore, a share that trades immediately following the date that the dividend is paid is said to be trading ex-dividend.

A Share That Trades Immediately Following the Date That the Dividend