FIN 3030-(FINAL #5)-CHAPTER 18, 19, 20 On May 28, 2016, the board of directors o
ID: 2798184 • Letter: F
Question
FIN 3030-(FINAL #5)-CHAPTER 18, 19, 20 On May 28, 2016, the board of directors of Hasbro, Inc. announced that it would pay a di 9 of $0.3 a share on July 10 2016, to shareholders of record as of July 1 2016. In order to re this dividend, an investor would have to purchase the stock on or before A July 10, 2016 B the cum-dividend date C May 28, 2016 D July 1, 2016 On July 28, 2016, American Capital Agency declared a cash dividend of $0.27 a share, to on September 11, 2016, to shareholders of record as of September 2, 2016. The ex-divi date is June 30, 2008. In order to receive this dividend, an investor would have to purch stock on or before 10 A B C D September 11, 2016 August, 29, 2016 September 2, 2016 July 28, 2016 Which of the following statements regarding dividend reinvestment plans (DRIPs) is tra A B 11 DRIPS typically allow shareholders to avoid paying brokerage fees Many DRIPs allow shareholders to purchase shares of the stock at lower-than-mar shareholders can avoid taxes that they would have had to pay if they reinvest the through a tax qualified DRIP rather than receiving the cash payment all of them D A stock dividend A increases the earnings per share of the firm B increases the aggregate market value of the firm's stock C increases the total wealth of the shareholder D reduces the market price per share of the firm's stock 12 tnnding and the market value per share is $25. If thExplanation / Answer
Answer: to question no. 9
In the given question, on may 2016, the board of directors of hasbro inc announced dividend, which would be pay on july 10, 2016 to shareholders of record as of july 1, 2016. So in order to receive this dividend as investor would have to purchase the stock on or before july 1 2016.
Answer is D.
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