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Question Help Stock dividend Investor Personal Finance Problem Security Data Company has outstanding 50,000 shares of common stock currently selling at 540 per share The

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Question Help Stock dividend Investor Personal Finance Problem Security Data Company has outstanding 50,000 shares of common stock currently selling at 540 per share The firm most recently had earnings available for common stockholders of $120,000, but it has decided to retain these funds and is considering a 5 stock dividend in hou of a cash dividend a. Determine the firm's current earnings per share b. Sam Waller currently owns 500 shares of the firm's stock, determine his proportion of ownership currently and under the proposed stock dividend plan c. Calculate the market price per share under the 5% stock dividend plan d. For the proposed 5% stock dividend plan, calculate the earnings per share after payment of the stock dividend e. What is the value of Sam's holdings under the 5% stock dividend plan? 1 Should Sam have any preference with respect to the proposed stock dividend? a. The firm's current earnings per share is (Round to the nearest cent)

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