On the ex-dividend date, the
A)seller of the stock is entitled to the dividend
B)buyer has 4 business days to register his/her purchase
C)buyer of the stock is entitled to the dividend
D)corporation records all security owners

Question

Quizplus · Accepted Answer

On the ex-dividend date, the seller of the stock is entitled to the dividend because the buyer purchases the stock without the right to receive the most recently declared dividend.

On the Ex-Dividend Date, the