Explain a dividend, dividend declaration date, ex-dividend date, holder of record date and dividend payment date. Pick a publicly traded company and illustrate how to calculate the dividend yield and explain why investors use this as a tool when investing in a stock. Additionally, explain the dividend payout ratio. Where do you stand on the dividends? Do you believe they are irrelevant or do you feel they are relevant when analyzing a company? Go into detail why you believe in either side. Detail the positive and negatives of financial recapitalization. Explain why leverage can be a good thing and a bad thing for a company. How can they use it to their advantage and how can it similarly hurt them