If a dividend is declared on 1 November,has a cum-dividend date of 19 November and a record date of 26 November,which of the following shareholders will NOT receive the dividend?

Question

Quizplus · Accepted Answer

The cum-dividend date of 19 November means that anyone who buys the share on or before this date is entitled to the dividend. Therefore, anyone who buys the share on 29 November (after the record date) will not receive the dividend. The other options are all before or on the cum-dividend date and are therefore entitled to the dividend.

If a Dividend Is Declared on 1 November,has a Cum-Dividend