Types of Dividends: Cronulla Brewing Co

question 3

Multiple Choice

Types of dividends: Cronulla Brewing Co. will be distributing $40 million to shareholders through a special dividend. The company has 160 million shares outstanding. If you own 100 shares of Cronulla Brewing Co., how much will you receive? Ignore tax.

• A) $400
• B) $100
• C) $25
• D) $250