Question

Builtrite's Board of Directors declared a dividend for those stockholders on record (Holder of Record) Ass...

Builtrite's Board of Directors declared a dividend for those stockholders on record (Holder of Record) Ass of Friday, March 21. Builtrite's stock will begin trading exdivedend on...
Tuesday, March 18th
Wednssday, March 19th
Thursday, March 20
Friday, March 21st
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Answer #1

HI

Ex dividend date is one business day before the record date.

Record date is the date by which shareholders should have share of company to be entitled for dividend.

Here record date = 21 March

Hence ex dividend date = Thursday March 20

Thanks

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