You purchased 500 shares of ABC stock on May 8. On May 16, you purchased another 200 shares and then on May 20 you purchased a final 100 shares of ABC stock. The company declared a dividend of $.94 a share on May 6 to holders of record on Friday, May 22. The dividend is payable on June 12. Assume it takes 2 business days to clear the transactions of ABC stock (i. e. T 2), how much dividend income will you receive on June 12
+5
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “You purchased 500 shares of ABC stock on May 8. On May 16, you purchased another 200 shares and then on May 20 you purchased a final 100 ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » You purchased 500 shares of ABC stock on May 8. On May 16, you purchased another 200 shares and then on May 20 you purchased a final 100 shares of ABC stock. The company declared a dividend of $.