BM/APR 2009/FIN538/580 QUESTION 6 a) Compute the share dividend received. i) On May 18, you purchased 1,000 shares of Pedidi stock. On June 5, you sold 200 shares of this stock for RM21 a share. You sold an additional 400 shares on July 8 at a price of RM22.50 a share. The company declared a RMO.50 per share dividend on June 25 to holders of record as of Thursday, July 10 This dividend is payable on July 31. How much dividend income will you receive on July 31 as a result of your ownership of Pedidi stock? (4 marks) You purchased 200 shares of Sejingkat share on July 15. On July 20, you purchased another 100 shares and then on July 21 you purchased your final 200 shares of Sejingkat share. The company declared a dividend of RM1.10 a share on July 5 to holders of record on Friday, July 23. The dividend is payable on July 31. How much dividend income will you receive on July 31 from Sejingkat? (4 marks) BM/APR 2009/FIN538/580 QUESTION 6 a) Compute the share dividend received. i) On May 18, you purchased 1,000 shares of Pedidi stock. On June 5, you sold 200 shares of this stock for RM21 a share. You sold an additional 400 shares on July 8 at a price of RM22.50 a share. The company declared a RMO.50 per share dividend on June 25 to holders of record as of Thursday, July 10 This dividend is payable on July 31. How much dividend income will you receive on July 31 as a result of your ownership of Pedidi stock? (4 marks) You purchased 200 shares of Sejingkat share on July 15. On July 20, you purchased another 100 shares and then on July 21 you purchased your final 200 shares of Sejingkat share. The company declared a dividend of RM1.10 a share on July 5 to holders of record on Friday, July 23. The dividend is payable on July 31. How much dividend income will you receive on July 31 from Sejingkat? (4 marks)