Dividend Date st with Dividend Dat claration Date
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:PT Lidya paid regular dividend quarterly $0.83/share and these dates are in random order
activity, not in subsequent
a. Match the following dates with correct activity
Dates
July 25
August 11
August 12
August 14
September 2
Activity (not in order)
Record Date
Payment Date
Ex-Dividend Date
Last with Dividend Date
Declaration Date
b. On one of the dates, the stock price fell by about $0.83 which date? Why?
c. Stock price in August was about $ 71, what was the dividend yield?
d. Lidya's forecasted earnings per share were about $5.90, What was the payout ratio?
e. Suppose Lidya paid a 10% stock dividend. What would happen to the stock price?
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