1. StableCo is declaring a regular $1 per share quarterly dividend. This will be the first dividend they have ever paid. Their share price is currently $27. They will be announcing this dividend on December 1^st. The com dividend date is December 5^th and the ex dividend date is December 6^th.

Would you expect that StableCos share price would go up or down on December 1^st?

Would you expect that StableCos share price would go up or down on December 6^th? By approximately how much?

What does the fact that StableCo is declaring a regular dividend tell you about their future growth prospects and investment opportunities?

Give two reasons you might not be happy about this development as a StableCo shareholder.

PLEASE ANSWER ALL PARTS