Ringwall just announced that they will be paying a $5 regular cash dividend this quarter. Their stock is currently trading for $50 per share. Mike owns 3000 shares of the company and would prefer capital gains instead of a dividend payment. Assuming there are no taxes or transaction costs what should Mike do (round to the nearest share)? There is nothing he can do to receive capital gains because the company has already decided on its payout policy. He can buy 200 shares on the ex-dividend date He can buy 333 shares on the ex-dividend date He can buy 300 shares on the ex-dividend date