When a Firm Declares a Special Cash Dividend of $1

question 46

Multiple Choice

When a firm declares a special cash dividend of $1 per share,shareholders realize that the:

• A) annual dividend will be $4 per share.
• B) dividends are considered regular.
• C) dividend is not likely to be repeated.
• D) stock must be owned prior to the declaration date to receive the dividend.

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Definitions:

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