Which Step in the Dividend Payment Process for a Public

question 76

Multiple Choice

Which step in the dividend payment process for a public company usually results in a change in the company's stock price? Assume the dividend has changed from the last dividend paid.

• A) Public announcement
• B) Ex-dividend date
• C) Payable date
• D) Both a and b

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Definitions:

Malice

The intention or desire to do harm or evil, often used in legal contexts concerning wrongful acts.

Reckless Indifference

denotes a disregard or lack of concern for the consequences of one's actions, particularly where such actions pose a risk to others.

Tangible Employment Action

A significant change in employment status or benefits, such as occurs when an employee is fired, refused a promotion, or reassigned to a lesser position.

Supervisor's Sexual Harassment

Unwanted sexual advances, requests for sexual favors, or other verbal or physical harassment of a sexual nature made by a supervisor towards a subordinate.