In 2009 J. M. Smucker paid a regular quarterly dividend of $.35 a share. a. Match each

Question:

In 2009 J. M. Smucker paid a regular quarterly of $.35 a share.
a. Match each of the following sets of dates:
(A1) 17 July 2009 .......... (B1) Record date
(A2) 11 August 2009 ........ (B2) Payment date
(A3) 12 August 2009 ...... (B3) Ex-dividend date
(A4) 14 August 2009 ... (B4) Last with-dividend date
(A5) 1 September 2009 ....... (B5) Declaration date
b. On one of these dates the stock price is likely to fall by about the value of the Which date? Why?
c. Smucker’s stock price in August 2009 was $52. What was the yield?
d. If earnings per share for 2009 are $4.56, what is the percentage payout rate?
e. Suppose that in 2009 the company paid a 10% stock What would be the expected fall in price?

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...