MC algo 17-9 Stock Price And Stock Dividends Murphy's. Incorporated, hes 32.600 shares of stock outstanding with a par value of $1 per share. The market value is $13 per share. The balance sheet shows $89,150 in the capital in excess of par account, $32,600 in the common stock account, and $160,950 in the retained earnings: occount. The firm just announced o stock dividend of 14 percent. What will the market price per share be after the dividend