If an investor sells shares after the declaration date but before the date of record, does the seller still receive the dividend?
Answer to relevant QuestionsUpon receiving shares of stock from a stock dividend, why should the stockholder not consider the value of the stock as income?Prepare the stockholders’ equity section of Waldemar Corporation’s balance sheet from the following accounts and balances on December 31, 2014:Common Stock, $10 par value, 30,000 shares authorized, 20,000 shares issued, ...On February 15, Mite Corporation’s board of directors declared a 2 percent stock dividend applicable to the outstanding shares of its $10 par value common stock, of which 400,000 shares are authorized, 260,000 are issued, ...Gormanus Corporation was organized in 2014. It was authorized to issue 400,000 shares of no-par common stock with a stated value of $5 per share, and 80,000 shares of $100 par value, 6 percent noncumulative preferred stock. ...On January 15, 2014, Agard International’s board of directors declared a 3-for-1 stock split of its $12 per value common stock, of which 1,600,000 shares were authorized and 400,000 were issued and outstanding. The market ...
Post your question