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Bukowski Products just announced it is decreasing its annual dividend from $2.20 per share to $1.85 per share effective immediately. If the dividend yield remains

Bukowski Products just announced it is decreasing its annual dividend from

$2.20

per share to

$1.85

per share effective immediately. If the dividend yield remains at its preannouncement level, then you know the stock price:\ was unaffected by the announcement.\ increased proportionately with the dividend decrease.\ decreased proportionately with the dividend decrease.\ decreased by

$.35

per share.\ increased by

$.35

per share.

image text in transcribed
Bukowski Products just announced it is decreasing its annual dividend from $2.20 per share to $1.85 per share effective immediately. If the dividend yield remains at its preannouncement level, then you know the stock price: was unaffected by the announcement. increased proportionately with the dividend decrease. decreased proportionately with the dividend decrease. decreased by $.35 per share. increased by $.35 per share. Bukowski Products just announced it is decreasing its annual dividend from $2.20 per share to $1.85 per share effective immediately. If the dividend yield remains at its preannouncement level, then you know the stock price: was unaffected by the announcement. increased proportionately with the dividend decrease. decreased proportionately with the dividend decrease. decreased by $.35 per share. increased by $.35 per share

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