The board of directors of Smith Enterprises announced a dividend of $1.75 per share on August 2.The dividend will be paid out to all shareholders of record as of August 10.If you bought 100 shares of Smith Enterprises stock on August 3,how much total dividend are you going to receive?
A) $0
B) $1.75
C) $175
D) $350
Correct Answer:
Verified
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