What day does the stock begin trading ex dividend

Reference no: EM131967923

Question: Dividend payment Personal Finance Problem Kathy Snow wishes to purchase shares of Countdown? Computing, Inc. The company's board of directors has declared a cash dividend of $0.52 to be paid to holders of record on Wednesday, Sep. 21.

a. What day does this stock begin trading ex dividend?

b. What is the last day that Kathy can purchase the stock (trade date) and still receive the dividend?

c. What change, if any, would you expect in the price per share when the stock begins trading on the ex-dividend day?

d. If Kathy held the stock for less than one quarter and then sold it for $38.87 per share, would she achieve a higher investment return by (1) buying the stock prior to the ex-dividend date at $ per share and collecting the $0.52 dividend, or (2) buying it on the ex-dividend date at $34.35 per share but not receiving the dividend?

Reference no: EM131967923

Questions Cloud

Are dividends really all that important to investors : Dividend Returns. Are dividends really all that important to investors in publicly traded companies? Aren't capital gains really the point or objective.

Characteristics of tesla motors industry : What are the defining characteristics of "Tesla Motors" industry? What is the industry like?

By how much did the change in the wacc affect the project : Lasik Vision Inc. recently analyzed the project whose cash flows are shown below. However, before Lasik decided to accept or reject the project.

Models of cross-cultural mergers : A discussion of the communication methods appropriate for culturally diverse recipients that could be applied to models of cross-cultural mergers, joint venture

What day does the stock begin trading ex dividend : What day does this stock begin trading ex dividend? What is the last day that Kathy can purchase the stock (trade date) and still receive the dividend?

Integrate varied perspectives in dynamic environments : A discussion of how to integrate varied perspectives in dynamic environments in order to lead successfully in a culturally diverse society.

Implementation of the company strategy so effective : Determine the significant factors that made the implementation of the company's strategy so effective. Provide support for your rationale.

Protection resources be allocated in organization : Is one approach better than the other? How should protection resources be allocated in any organization?

Define the term discretionary access control : Define the terms Discretionary Access Control, Mandatory Access Control, Default Deny Policy, Single Sign On, Access Control List and Biometrics.

User Account

All Pages