ordinary shares
Querist : Anonymous
Cum Dividend- Used to refer to a stock trading such that buyers qualify to receive the next dividend
Ex - Dividend -means "without dividend." The buyer of shares when they are quoted ex-dividend is not entitled to receive a declared dividend
Querist : Anonymous
so how do we record this ex.div and cum.div in investment account?
suppose if the x sold the shares to y on 1st may of $120@ and the interest is received on 30th june and 30th dec..so hw will we deal with when;
1)it was sold on ex.div
2)it was sold on cum.div?
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