dividends Assigments 5- 9 questions

5. If the dividend amount of a firm, unexpectedly falls, what will shareholders do? 6. What is a dividend reinvestment program (DRIP)? Use your own words. Do not copy it. 7. Verizon is scheduled to payout a dividends. The details are below. If I own 100 shares, how much will I receive in dividends. Show the calculation in order to get credit. 8. First Citrus Bank is scheduled to payout a 6% stock dividend. If I own 250 shares, how many shares will i own after the dividend? Show the calculation in order to get credit 9. Sammy's Treats' stock is trading at $50 and also pays an annual dividend of $2 per share. How much is the dividend yield? Show the calculation in order to get credit