LT Truckers declared a quarterly dividend on October 3 to record holders as of Tuesday, November 7. The dividend will be paid on Friday, November 31. Alexa purchased 500 shares of LT stock on
November 3. Al sold 250 shares of LT stock on November 6. Who will receive the dividend payment
On November 31?
A) Alexa only.
B) Al only.
C) both Alexa and Al.
D) neither Alexa nor Al.
E) Cannot be determined from the information provided.
Correct Answer:
Verified
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