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How Corporations Pay Dividends. The stock of Payout Corp. will go ex-dividend tomorrow. The dividend will be $.50 per share, and there are 20,000 shares

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How Corporations Pay Dividends. The stock of Payout Corp. will go ex-dividend tomorrow. The dividend will be $.50 per share, and there are 20,000 shares of stock outstanding. The market-value balance sheet for Payout is shown in the following table. ( LO17-1) d. Suppose that the stock is repurchased immediately after the announcement. What would be the stock price after the repurchase

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