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If a share is quoted ex-div, it means the new buyer would

Commerce
WAEC 2013

If a share is quoted ex-div, it means the new buyer would

  • A. get the next dividend
  • B. not get the next dividend
  • C. get a fixed dividend
  • D. not get any dividend
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Correct Answer: Option B
Explanation

Ex-dividend describes a stock that is trading without the value of the next dividend payment.

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts