After a company has made an announcement about a forthcoming dividend,then at a specified date when the share begins to trade ex-dividend:

Question

Quizplus · Accepted Answer

When a share begins to trade ex-dividend, it means that any transactions made from that date forward will not include the right to receive the most recently declared dividend. Therefore, the seller, who owned the share before the ex-dividend date, will receive the next dividend payment, not the buyer.

After a Company Has Made an Announcement About a Forthcoming