Question
The Dow Jones Industrial Average (DJIA) index closed at 27657.42 on Sep. 18, 2020. Below you can find the closing price for the DJIA component
The Dow Jones Industrial Average (DJIA) index closed at 27657.42 on Sep. 18, 2020. Below you can find the closing price for the DJIA component companies on Sep. 18, 2020. Please find out the divisor of DJIA index on Sep. 18, 2020.
DJIA Component Companies | Closing price as of Sep. 18, 2020 |
3M | 169.55 |
American Express | 103.44 |
Amgen | 247.72 |
Apple Inc. | 106.84 |
Boeing | 161.14 |
Caterpillar Inc. | 152.39 |
Chevron Corporation | 78.21 |
Cisco Systems | 39.81 |
The Coca-Cola Company | 50.45 |
Dow Inc. | 50.37 |
Goldman Sachs | 194.86 |
The Home Depot | 275.19 |
Honeywell | 168.7 |
IBM | 122.76 |
Intel | 49.89 |
Johnson & Johnson | 149.18 |
JPMorgan Chase | 98.35 |
McDonald's | 220.27 |
Merck & Co. | 85.81 |
Microsoft | 200.39 |
Nike | 114.66 |
Procter & Gamble | 137.37 |
Salesforce | 242.78 |
The Travelers Companies | 111.61 |
UnitedHealth Group | 308.02 |
Verizon | 60.35 |
Visa Inc. | 202.61 |
Walgreens Boots Alliance | 36.93 |
Walmart | 135.29 |
The Walt Disney Company | 128.63 |
Based on the prices above, assume Walgreens Boots Alliance issues a 10% stock dividend, how does this stock dividend affect the DJIA index and the divisor. Please show the detail calculation.
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