Bryo, Inc., paid quarterly dividends of $.62 a share last year. The company currently has excess cash
Fantastic news! We've Found the answer you've been seeking!
Question:
Bryo, Inc., paid quarterly dividends of $.62 a share last year. The company currently has excess cash and would like to distribute $.95 a share to its shareholders this quarter. However, the company is concerned about increasing the dividend as they are unsure if they can afford a $.95 quarterly dividend on an ongoing basis. Management does not want to decrease their dividend once it has been increased. The best form of a dividend payment for this quarter is probably a(n):
A.special dividend of $.95 a share
B.combined special and extra dividend in one quarterly payment of $.95 a share
C.combined regular and extra dividend in one quarterly payment of $.95 a share
D.extra dividend of $.95 a share
E.stock dividend with a value of $.95 a share
Posted Date: