The last date on which you can purchase shares and still receive the dividend is the date _____ business day(s) prior to the date of record.

Question

Quizplus · Accepted Answer

The last date to purchase shares and still receive the dividend is the ex-dividend date, which is typically two business days before the date of record. Therefore, you need to purchase the shares three business days prior to the date of record to ensure ownership by the ex-dividend date.

The Last Date on Which You Can Purchase Shares and Still