Leslie Purchased 100 Shares of GT, Inc

Leslie purchased 100 shares of GT, Inc. stock on Wednesday, July 7^th. Marti purchased 100 shares of GT, Inc. stock on Thursday, July 8^th. GT declared a dividend on June 20^thto shareholders of record on July 12^thand payable on August 1^st. Which one of the following statements concerning the dividend paid on August 1^stis correct given this information?

A) Neither Leslie not Marti are entitled to the dividend.
B) Leslie is entitled to the dividend but Marti is not.
C) Marti is entitled to the dividend but Leslie is not.
D) Both Marti and Leslie are entitled to the dividend.
E) Both Marti and Leslie are entitled to one-half of the dividend amount.