Which of the Following Statements About Dividends Is not Accurate

question 50

Multiple Choice

Which of the following statements about dividends is not accurate?

• A)Dividends are generally reported quarterly as a dollar amount per share.
• B)Low dividends may mean high stock returns.
• C)The board of directors is obligated to declare dividends.
• D)Payment of dividends from legal capital is illegal in many states.

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Definitions:

Cognitive Psychology

The branch of psychology that studies mental processes including how people think, perceive, remember, and learn.

Social Psychology

The exploration of how the real, perceived, or suggested presence of others affects individuals' mental states, emotions, and actions.

Social Anthropology

The branch of anthropology that studies how contemporary human societies and cultures operate and organize themselves.

Genetics

The study of genes, heredity, and the variation of organisms.