Who gets dividends on those shares-the buyer or the seller

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Dividend Chronology On Tuesday, December 8, Hometown Power Co.'s board of directors declares a dividend of 75 cents per share payable on Wednesday, January 17, to shareholders of record as of Wednesday, January 3. When is the ex-dividend date? If a shareholder buys stock before that date, who gets the dividends on those shares-the buyer or the seller?

Reference no: EM13294249

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