hasan electric declared a dividend of $.48 per share on monday, october 18. the dividend will be paid on monday, november 15, to shareholders of record on friday, october 29. which one of the following is the ex-dividend date? multiple choice tuesday, october 26 wednesday, october 27 thursday, october 28 wednesday, november 10 thursday, november 11

Respuesta :

On Monday, October 18th, Hassan Electric announced a dividend of $.48 per share. On Friday, October 29th, the dividend will be distributed to shareholders of record as of Monday, November 15th. The ex-dividend date in this case is October 27, a Wednesday.

The day when a company's board of directors declares a dividend payment is referred to as the declaration date or announcement date. It is October 18 in this instance.

The ex-dividend date is typically two business days prior to the record date and is currently established by the NYSE. It is now October 27 in this instance.

The corporation checks to discover who the shareholders of record are on the record date. T+2 business days following the ex-date is the record date. In this instance, the date is October 29. A dividend is paid to investor accounts on the payment day. It is November 15 in this instance.

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