Which step in the dividend payment process for a public company usually results in a change in the company's share price? Assume the dividend has changed from the last dividend paid.
A) Public announcement
B) Ex-dividend date
C) Payable date
D) Both a and b

Question

Quizplus · Accepted Answer

The ex-dividend date is the first day that a stock trades without the dividend. This means that if you buy the stock on or after the ex-dividend date, you will not receive the dividend. The public announcement of the dividend can also affect the stock price, as investors may buy or sell the stock in anticipation of the dividend payment.

Which Step in the Dividend Payment Process for a Public