On January 2, the board of directors of DDT Inc. declared a dividend of $0.75 per share payable on Monday, January 28 to shareholders of record as of Monday, January 14. Under TSX rules, if you
Bought 500 shares of DDT stock on Friday, January 4 for $7.50 per share, how much will you
Receive in dividends?
A) $0.00
B) $1.50
C) $37.50
D) $55.00
E) $375.00
Correct Answer:
Verified
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