The ex-dividend date Introduction: The two dates before the record date is termed as ex-dividend date. If the shareholder purchases the stocks on or before the ex-dividend date, then he is entitled to get the dividend payment. If the shareholder purchases on or after the ex-dividend date, then he will not be entitled to the next dividend payment; rather the seller gets the payment.

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Chapter 17, Problem 3CRCT

Summary Introduction

To determine: The ex-dividend date

Introduction:

The two dates before the record date is termed as ex-dividend date.

If the shareholder purchases the stocks on or before the ex-dividend date, then he is entitled to get the dividend payment. If the shareholder purchases on or after the ex-dividend date, then he will not be entitled to the next dividend payment; rather the seller gets the payment.

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