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Question

Euro Consolidated has announced a cash dividend of $1.00 for holders

of record to be executed on Wednesday, June 10.


(A)  What is the last possible trade date to buy the shares in Euro Consolidated to still be awarded the dividend?


(B)  What is the first ex dividend trading day?


(C)  What expected change in price per share would occur when the stock trades on the ex dividend day?


(D)  What is the tax advantage, if any, to buying the shares in time to take the dividend before selling for a short-term capital gain? 

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Subject: Business, Finance
Euro Consolidated has announced a cash dividend of $1.00 for holders of record to be executed on Wednesday, June 10. (A)What is the last possible
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