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Cash Cow International pays a regular quarterly dividend of $.075 a share. a. Match each of the following dates to the correct term. Tuesday, May
Cash Cow International pays a regular quarterly dividend of $.075 a share. |
a. | Match each of the following dates to the correct term. |
Tuesday, May 7 | (Click to select)Record datePayment dateEx-dividend dateLast with-dividend dateDeclaration date |
Thursday, June 6 | (Click to select)Record datePayment dateEx-dividend dateLast with-dividend dateDeclaration date |
Friday, June 7 | (Click to select)Record datePayment dateEx-dividend dateLast with-dividend dateDeclaration date |
Tuesday, June 11 | (Click to select)Record datePayment dateEx-dividend dateLast with-dividend dateDeclaration date |
Tuesday, July 2 | (Click to select)Record datePayment dateEx-dividend dateLast with-dividend dateDeclaration date |
b. | On one of these dates the stock price is likely to fall by about the amount of the dividend. Which date? | ||||||||||
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c. | The stock price in early January was $27. What was the prospective dividend yield? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) |
Dividend yield | % |
d. | The annual earnings per share were forecast at around $1.90. What was the percentage payout ratio? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) |
Payout ratio | % |
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