Chartered Financial Analyst Level 1

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Explanation:

A. Correct: The ex-dividend date (or ex-date) is the first date on which a share trades without the declared dividend. This is the date after which a buyer of the stock will not receive the upcoming dividend.
B. Incorrect: The payable date (or payment date) is the date on which the company distributes the dividend payment to shareholders, either by mail or electronic transfer.
C. Incorrect: The declaration date is the date on which the company announces the dividend, including the amount and the payment details.

Explanation:

A. Correct: The ex-dividend date (or ex-date) is the first date on which a share trades without the declared dividend. This is the date after which a buyer of the stock will not receive the upcoming dividend.
B. Incorrect: The payable date (or payment date) is the date on which the company distributes the dividend payment to shareholders, either by mail or electronic transfer.
C. Incorrect: The declaration date is the date on which the company announces the dividend, including the amount and the payment details.

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Exam-Like

ex-dividend date.

71.4%

payable date.

0.0%

declaration date.

28.6%