The last date on which you can purchase shares and still receive the dividend is the date _____ business day(s)prior to the date of record.

Question

Quizplus · Accepted Answer

The last date to purchase shares and still receive the dividend is the ex-dividend date, which is typically set one business day before the date of record. However, due to the T+2 settlement rule, you need to buy the shares three business days before the date of record to be a shareholder on the record date.

The Last Date on Which You Can Purchase Shares and Still