BRAIN TEASER

You buy stock a day before the ex-date and sell it the day after the record date.  Who gets the dividend when it’s paid out a month later?

A.  The prior owner

B.  You

C.  The new owner

 

 

B.  You!

Whoever owns the stock on the record date is entitled to the dividend, provided they bought it before the ex-date.

previous lesson next lesson