In 2014, Entergy paid a regular quarterly dividend of $.83 per share. a. Match each of the

Question:

In 2014, Entergy paid a regular quarterly dividend of $.83 per share.

a. Match each of the following dates.

(A1) Friday, July 25 ........................................(B1) Record date

(A2) Monday, August 11 .................................(B2) Payment date

(A3) Tuesday, August 12 .............................(B3) Ex-dividend date

(A4) Thursday, August 14 .....................(B4) Last with-dividend date

(A5) Tuesday, September 2 ...........................(B5) Declaration date

b. On one of these dates, the stock price fell by about $.83. Which date? Why?

c. Entergy's stock price in August 2014 was about $71. What was the dividend yield?

d. Entergy's forecasted earnings per share for 2014 were about $5.90. What was the payout ratio?

e. Suppose that Entergy paid a 10% stock dividend. What would happen to the stock price?

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...