Which shares are sold Ex-div it means that the?

COMMERCE
WAEC 1991

Which shares are sold Ex-div it means that the?

  • A. buyer is entitled to any dividend which may be declared
  • B. shares are sold at per
  • C. shares are sold at a premium
  • D. sellers has the right to the next dividend

Correct Answer: D. sellers has the right to the next dividend



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