A scrip dividend is:
A: A dividend paid at a fixed percentage rate on the nominal value of the shares
B: A dividend paid at a fixed percentage rate on the market value of the shares on the date that the dividend is declared
C: A dividend payment that takes the form of new shares instead of cash
D: A cash dividend that is not fixed but is decided on by the directors and approved by theshareholders
A: A dividend paid at a fixed percentage rate on the nominal value of the shares
B: A dividend paid at a fixed percentage rate on the market value of the shares on the date that the dividend is declared
C: A dividend payment that takes the form of new shares instead of cash
D: A cash dividend that is not fixed but is decided on by the directors and approved by theshareholders
举一反三
- What does an enhanced scrip dividend mean? A: In addition to the scrip dividend cash is also paid B: Bonus shares are paid in return for accepting a delay C: More than $1 worth of shares is offered as an alternative to every $1 cash dividend to be paid D: A higher scrip dividend is offered to a limited shareholder group.
- 中国大学MOOC: A scrip dividend is:
- Which of the following statements is most accurate regarding a firm’s cost of preferred shares A firm’s cost of preferred stock is:（） A: the market price of the preferred shares as a percentage of its issuance price. B: the dividend yield on the firm’s newly-issued preferred stock. C: approximately equal to the market price of the firm’s debt as a percentage of the market price of its common shares.
- When a company receives a cash dividend from a trading security, the journal entry includes:
- Which of the following is an aim of a stock split? A: To increase the number of shares on issue and so affect the capital structure B: To reduce the dividend payments C: To increase the share price D: To try to improve the liquidity of shares