The Board of Directors of DDT Inc

question 151

Multiple Choice

The board of directors of DDT Inc. has declared a dividend of $0.75 per share payable on Monday, January 28 to shareholders of record as of Monday, January 14. Under TSX rules, if you bought 500 shares of DDT stock on Friday, January 11 for $7.50 per share, how much will you receive in dividends?

• A) $0.00
• B) $1.50
• C) $37.50
• D) $55.00
• E) $375.00

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