The date two business days prior to the date on which all shareholders of record receive a payment is called the ________ date.

Question

Quizplus · Accepted Answer

The ex-dividend date is the date two business days prior to the date on which all shareholders of record receive a payment. This is the date on which the stock begins trading without the dividend that has been declared. Therefore, option C is the correct answer.

The Date Two Business Days Prior to the Date on Which