What is the "ex-dividend" date for the Toronto Stock Exchange?
A)2 business days after the declaration date.
B)2 business days after the date of record.
C)2 business days before the date of record.
D)2 business days before the declaration date.

Question

Quizplus · Accepted Answer

The "ex-dividend" date is 2 business days before the date of record. This is the date on which the stock starts trading without the value of its next dividend payment, meaning an investor must own the stock before this date to be entitled to the dividend.

What Is the "Ex-Dividend" Date for the Toronto Stock Exchange