Each member of the team should find dividend announcements for different companies. Using a source such as

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Each member of the team should find dividend announcements for different companies. Using a source such as The Wall Street Journal, determine the stock price for the company for each day one week before and one week after the announcement. Using spreadsheet software, prepare a chart of the stock price movement. Compare the charts for each company.

Required:

The team should summarize what a comparison of the charts indicates. Review the earnings announcements.

Do they help explain any of the differences observed? Write a brief statement explaining how you think the stock market reacts to earnings announcements.

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Financial Accounting

ISBN: 9780070891739

1st Canadian Edition

Authors: Robert Libby

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