Fundamentals of Financial Management, Concise Edition
Fundamentals of Financial Management, Concise Edition
9th Edition
ISBN: 9781337087544
Author: Eugene F. Brigham, Joel F. Houston
Publisher: Cengage Learning
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Chapter 14, Problem 4DQ
Summary Introduction

To identify: The dividend declared date, record date, ex-date and pay date. The importance to explain price shifts in the dates.

Introduction:

Dividend:

Dividend is the share of company’s earnings which is decided by the board of directors to distribute among its shareholders. It is done when a company earns profit in excess which it expected and from that profit they reinvest certain amount in business and pay other portion as dividend.

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Dividend explained; Author: The Finance Storyteller;https://www.youtube.com/watch?v=Wy7R-Gqfb6c;License: Standard Youtube License