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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?

Tuesday, May 7
Thursday, June 6
Friday, June 7
Tuesday, June 11
Tuesday, July 2

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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