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On Thursday, May 18, the board of directors of ABC declares a 30-cent-per-share dividend to shareholders of record as of Tuesday, June 13. The dividend will be paid on Wednesday, June 28.   a. What is the declaration date? b. What is the date of record? c. What is the ex-dividend date? d. What is the payment date?

On Thursday, May 18, the board of directors of ABC declares a 30-cent-per-share dividend to shareholders of record as of Tuesday, June 13. The dividend will be paid on Wednesday, June 28.   a. What is the declaration date? b. What is the date of record? c. What is the ex-dividend date? d. What is the payment date?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter15: Dividend Policy
Section: Chapter Questions
Problem 14P
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On Thursday, May 18, the board of directors of ABC declares a 30-cent-per-share dividend to shareholders of record as of Tuesday, June 13. The dividend will be paid on Wednesday, June 28.

 

a. What is the declaration date?
b. What is the date of record?
c. What is the ex-dividend date?
d. What is the payment date?
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