Question
Your help with these few questions regarding stocks and dividends is appreciated! Q. The annual dividend yield is computed by dividing ________ annual dividend by
Your help with these few questions regarding stocks and dividends is appreciated!
Q. The annual dividend yield is computed by dividing ________ annual dividend by the current stock price.
A) This year's.
B) Last year's.
C) Next year's.
D) The past 5-year average.
E) The next 5-year average.
-I think the answer for the question above is A, however, I am not sure.
Q. Which one of the following rights is never directly granted to all shareholders of a publicly held corporation?
A) Electing the board of directors.
B) Receiving a distribution of company profits.
C) Voting either for or against a proposed merger or acquisition.
D) Determining the amount of the dividends to be paid per share.
E) Having first chance to purchase any new equity shares that may be offered.
-I am fairly certain the answer is D, but I am not sure
Q. Which one of these statements related to preferred stock is correct?
A) Preferred shareholders normally receive one vote per share of stock owned.
B) Preferred shareholders determine the outcome of any election that involves a proxy fight.
C) Preferred shareholders are considered to be the residual owners of the corporation.
D) Preferred stock normally has a stated liquidating value of $1000 per share.
E) Cumulative preferred shares are more valuable than comparable noncumulative shares.
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