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Basic Question 8 of 12

If a shared closed at $10 on the day before the ex-dividend date, and the upcoming dividend is $0.20, then on the ex-dividend date (all other things being equal), the shares will start the trading day at:

A. $9.8
B. $10
C. $10.2

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I used your notes and passed ... highly recommended!
Lauren

Lauren

Learning Outcome Statements

describe regular cash dividends, extra dividends, stock dividends, stock splits, reverse stock splits, and share repurchases

describe dividend payment chronology

CFA® 2024 Level I Curriculum, Volume 3, Module 8.