sa shareholder on the day the dividend was declared. holders are always entitled to the dividend
sa shareholder on the day the dividend was declared. holders are always entitled to the dividend
Chapter9: Acquisitions Of Property
Section: Chapter Questions
Problem 81IIP
Related questions
Question
Transcribed Image Text:Vince buys 500 shares of common stock in Water Services, Inc. on March 30, 2020. Ono April 28,
2020, WSI declares $2.00 per share dividend for all shareholders of record as of March 15, 2020.
Is Vince entitled to the dividend?
Yes, because he was a shareholder on the day the dividend was declared.
Yes, because shareholders are always entitled to the dividend
No, because he was not a shareholder as of the record date.
None of the above.
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