On and after the ex-dividend date, a buyer of the share
Agets a double dividend
Bgets the dividend
Cmisses the dividend
Dgets extra shares
Answer & Solution
Correct answer: C. misses the dividend
From the ex-dividend date shares trade without the right to the most recently declared dividend, so the buyer misses it.
Keep practising Declaration and Payment of Dividend
Browse all Declaration and Payment of Dividend questions for CA Inter, or explore more Law topics.
Related questions
Dividends on preferred shares must be paid before those onThe most common form of dividend payment isSince Budget 2020-21, what has happened to India's DDT?A payout ratio above 100% means the company paidDeclaring a dividend creates what in the company's books?Only holders registered on which date receive the dividend?Dividends paid before the AGM and final accounts areScrip dividends are paid as