When shares are sold EX-DIV it means that?

COMMERCE
WAEC 2002

When shares are sold EX-DIV it means that?

  • A. no dividend is paid on the shares
  • B. the buyer receives the dividend
  • C. the seller receives the dividends
  • D. the stock exchange retains the dividend

Correct Answer: A. no dividend is paid on the shares



Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *
Add Math
Don't want to keep filling in name and email whenever you make a contribution? Register or login to make contributing easier.