19. Which of the following is NOT true regarding the issuance of a stock dividend?

A. The stock dividend does not change the number of shares each shareholder owns.

B. The stock dividend does not change each shareholders ownership interest or proportionate voting power.

C. The stock dividend results in decreases to book value per common share, but the total book value of each shareholders interest remains unchanged.

D. The total market value of an individuals shares should not change.