Anyone holding a stock before its ex-dividend date is entitled to the dividend.

Name: Anyone holding a stock before its ex-dividend date is entitled to the dividend.
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

Quizplus · Accepted Answer

This statement is true. A stockholder is entitled to receive the dividend if they hold the stock before the ex-dividend date. After the ex-dividend date, the stock price usually drops by the value of the dividend because new buyers of the stock are not entitled to receive the upcoming dividend.

Anyone Holding a Stock Before Its Ex-Dividend Date Is Entitled