Your portfolio is 200 shares of Blue Morning, Inc. the stock currently sells for $96 per share.
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Your portfolio is 200 shares of Blue Morning, Inc. the stock currently sells for $96 per share. The company has announced a dividend of $2.50 per share with an ex-dividend date of April 19. Assuming no taxes, how much will your stock be worth on April 19?
DividendA 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... Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...
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Related Book For
Essentials Of Corporate Finance
ISBN: 9780073405131
6th Edition
Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan
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