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Orio limited is about to pay a cash dividend of $5 per share. The current share price is $35. John owns 1000 shares of Tesla,
Orio limited is about to pay a cash dividend of $5 per share. The current share price is $35. John owns 1000 shares of Tesla, and he prefers a $7 cash dividend. What will be Johns homemade dividend strategy?
a.
Buy more shares to receive expected cash as a dividend
b.
Sell 85.71 shares to generate the required cash.
c.
None of the options
d.
Sell shares to generate $2000 cash.
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