Multiple Choice
On May 24, 2010, Kurt Rogers bought 100 shares of stock from XYZ Corporation. The quarterly dividend is $1.25 per share and the record date is May 25. How much will Kurt receive for this quarterly dividend?
A) $0.00
B) $1.25
C) $12.50
D) $125.00
E) $0.13
Correct Answer:
Verified
Correct Answer:
Verified
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