How much dividend income will he receive on June

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Question - Dependant store announced a dividend of $1.25 per share on May 1 to holders of record on Wednesday, May 15. The dividend will be mailed out on June 2. If Spark purchased 300 shares of this stock on Monday, May 13. How much dividend income will he receive on June 2 from the company?

Reference no: EM133079056

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