Loading…
CMFASPrepStudyingRES5
Switch exam
Financial advisory
RES5Financial Advisory Services✓An investor buys a share ON the ex-dividend date for an already-declared dividend. What is the outcome?
From the ex-dividend date the share trades without the right to the upcoming dividend, so a buyer on or after the ex-date does not receive it; the share price typically drops by roughly the dividend amount.
Thinking the current registered buyer, rather than the pre-ex-date holder, is entitled.
Practise more CM-EIP Equities & Shares questions
Exam-style questions with worked answers, then full timed mocks. Free to start.
Build a daily practice habit — a few exam-style questions a day, with worked answers. Free to start.
Start practising →Original study material mapped to the public CMFAS CM-EIP syllabus. Unofficial, not endorsed by MAS or IBF. Verify figures and rules against current guidance before relying on them.