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Bareback Riders, Inc. just announced it is decreasing its annual dividend from $1.48 per share to $1.45 per share effective immediately. If the dividend yield

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Bareback Riders, Inc. just announced it is decreasing its annual dividend from $1.48 per share to $1.45 per share effective immediately. If the dividend yield remains at its pre- announcement level, then you know the stock price: Multiple Choice was unaffected by the announcement. decreased proportionately with the dividend decrease. O decreased by $.03 per share. o increased by $.03 per share. increased proportionately with the dividend decrease

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