The Important Relationship Between the Ex-Dividend Date and the Record

question 27

Multiple Choice

The important relationship between the ex-dividend date and the record date is:

• A) it determines the timing of when the payment is made.
• B) the record date occurs before ex-dividend date allowing you to sell your stock and still get the dividend payment.
• C) the ex-dividend date occurs two business days before the date of record, if you purchase the stock before this date you are entitled to the dividend.
• D) if you hold your stock past the record date and do not sell before the ex-dividend date then you will be taxed at the capital gain rate.

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Definitions:

Urinary Bladder

A hollow organ in the pelvic region that stores urine prior to elimination.

Anterosuperior Surface

The front and upper area of a structure or organ.

Tubular Maximum

Maximum rate of secretion or reabsorption of a substance by the renal tubules.

Renal Corpuscle

A structure in the kidney that includes the glomerulus and Bowman's capsule, involved in the initial stages of blood filtration.