The board of directors or Divided Airlines has declared a dividend of $2.50 per share payable on… 1 answer below »


"Ex" Marks the Day

The consideration of directors or Divided Airlines has manifest a dividend of $2.50 per divide payable on Tuesday, May 30. to divideholders of proceedings as of Tuesday, May 9. Cal lcon buys 100 divides of Divided on Tuesday, May 2, for $150 per divide. What is the ex-date? Describe the events that accomplish befall after a while reverence to the capital dividend and the store expense.