Question

gooddividend inc. announced that it would pay a dividend of $1 on march 31,2007 to shareholders...

gooddividend inc. announced that it would pay a dividend of $1 on march 31,2007 to shareholders of record on march 16, 2007. the ex-dividend date is march 14, 2007. when do you need to buy the stock of this company in order to receive this dividend?

A. March 13, 2007

B. March 16, 2007

C. March 30, 2007

D. All the above

0 0
Add a comment Improve this question Transcribed image text
Request Professional Answer

Request Answer!

We need at least 10 more requests to produce the answer.

0 / 10 have requested this problem solution

The more requests, the faster the answer.

Request! (Login Required)


All students who have requested the answer will be notified once they are available.
Know the answer?
Add Answer to:
gooddividend inc. announced that it would pay a dividend of $1 on march 31,2007 to shareholders...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Similar Homework Help Questions
  • In order to receive the special dividend that the firm announced on July 20, 2020, what...

    In order to receive the special dividend that the firm announced on July 20, 2020, what is the latest date on which you have to purchase the firm’s stock, which is publicly traded in the US markets only? A) End of Day of the Declaration date B) The day before the Ex-dividend date C) End of Day of the Record date D) End of Day of the Ex-dividend date E) The day before the Record date

  • 4. In order to receive the special dividend that the firm announced on July 20, 2020,...

    4. In order to receive the special dividend that the firm announced on July 20, 2020, what is the latest date on which you have to purchase the firm's stock, which is publicly traded in the US markets only? A) End of Day of the Declaration date B) The day before the Ex-dividend date C) End of Day of the Record date End of Day of the Ex-dividend date E) The day before the Record date

  • In order to receive the special dividend that the firm announced on July 20, 2020, what...

    In order to receive the special dividend that the firm announced on July 20, 2020, what is the latest date on which you have to purchase the firm’s stock, which is publicly traded in the US markets only? A) End of Day of the Declaration date B) The day before the Ex-dividend date C) End of Day of the Record date D) End of Day of the Ex-dividend date E) The day before the Record date

  • Michael's, Inc., just paid $2.35 to its shareholders as the annual dividend. Simultaneously, the company announced...

    Michael's, Inc., just paid $2.35 to its shareholders as the annual dividend. Simultaneously, the company announced that future dividends will be increasing by 5.1 percent. If you require a rate of return of 9.3 percent, how much are you willing to pay today to purchase one share of the company's stock? Multiple Choice $29.40 $58.81 $17.15 $26.56 $61.16

  • 4. In order to receive the special dividend that the firm announced on July 20, 2020,...

    4. In order to receive the special dividend that the firm announced on July 20, 2020, what is the latest date on which you have to purchase the firm’s stock, which is publicly traded in the US markets only? A) End of Day of the Declaration date B) The day before the Ex-dividend date C) End of Day of the Record date D) End of Day of the Ex-dividend date E) The day before the Record date 9. Which one...

  • AP11-11A (Dividend distributions) Sauro Brothers Inc. is currently considering declaring a dividend to its common shareholders,...

    AP11-11A (Dividend distributions) Sauro Brothers Inc. is currently considering declaring a dividend to its common shareholders, according to one of the following plans: 1. Declare a cash dividend of $10 per share. 2. Declare a 20% stock dividend. Sauro Brothers would distribute one common share for every fi ve common shares currently held. The company’s common shares are currently selling for $20 per share. Sauro Brothers is authorized to issue 125,000 common shares. To date, the company has issued 75,000...

  • The CEO of ICG Inc. announced that the company will pay an annual dividend of $1.00...

    The CEO of ICG Inc. announced that the company will pay an annual dividend of $1.00 per year, one year from today. It is estimated that during the following six years, the dividend will grow at an annual rate of 7% After that, the growth rate will be equal to 4% per year and continue at that rate indefinitely. Calculate the intrinsic value of the ICG's stock if the required rate of return is 6.7%.

  • Axis Inc. declared a dividend on July 27, 2004 to be payable on September 10, 2004....

    Axis Inc. declared a dividend on July 27, 2004 to be payable on September 10, 2004. The list of shareholders who would be entitled to this dividend would be prepared on August 10, 2004 a) a) Identify the key dates involved with dividend payment b) If Tim bought some shares on August 7, 2004, would he have received the dividend declared for this period? If not, who would receive it? c) You buy a share of stock before the ex‐dividend...

  • On March 1, Carla Vista Ltd. had 419,000 common shares issued and the balance in its...

    On March 1, Carla Vista Ltd. had 419,000 common shares issued and the balance in its Common Shares account was $628,500. The company declared a 5% stock dividend to shareholders of record on March 14, to be distributed on March 31. The fair value per share was $4 on March 1, $3.85 on March 14, and $4.35 on March 31. Prepare the entries on the appropriate dates to record the stock dividend. (Credit account titles are automatically indented when the...

  • When a company pays a dividend, it isn't as simple as getting a paycheck from one's...

    When a company pays a dividend, it isn't as simple as getting a paycheck from one's employer. There are several critical dates in the dividend payment process. Identify which critical dividend date relates to each of the statements. Statements Declaration Date Holder-of-Record Date Ex-Dividend Date Payment Date Niagular Corp.'s board of directors announced that it will pay a $1 million dividend in three months on this date. Niagular Corp. actually sent the dividend checks to stockholders on this date. Niagular...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT