Alicia Purchased 100 Shares of GT Stock on Wednesday,July 7^th

Alicia purchased 100 shares of GT stock on Wednesday,July 7^th.Nick purchased 100 shares of GT stock on Thursday,July 8^th.GT declared a dividend on June 20^th to shareholders of record on July 12^th and payable on August 1^st.Which one of the following statements concerning the dividend paid on August 1^st is correct given this information?

A) Neither Alicia nor Nick are entitled to the dividend.
B) Nick is entitled to the dividend but Alicia is not.
C) Alicia is entitled to the dividend but Nick is not.
D) Both Alicia and Nick are entitled to the dividend.
E) Both Alicia and Nick are entitled to a pro rata share of the dividend.