Scintilla, Inc , is trading for $10 00 per share on the day before the ex dividend date If the dividend is $0 25 and there are no taxes, what should the price of the shares be on the ex dividend date ...

Since there are no taxes the value of the shares should drop by the amou ...

Scintilla, Inc., is trading for $10.00 per share on the day before the ex-dividend date. If the

Question:

Scintilla, Inc., is trading for $10.00 per share on the day before the ex-dividend date. If the is $0.25 and there are no taxes, what should the price of the shares be on the ex-dividend date?

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...