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.

---

Definitions:

Craft Unionism

Union organization based on particular trades or crafts, focusing on the skills and interests of those professions.

Industrial Unionism

A labor union organizing method whereby all workers in the same industry are organized into the same union, regardless of skill or trade.

United States

A country located primarily in North America, known for its significant influence on global politics, economy, and culture.

Industrial Workers of the World

An international labor union founded in 1905, known for its radical approach to worker's rights and socialism.