At what price is the stock selling


Please assist me in answering the following problem. Provide step by step calculations.

Question 1. You own 1000 shares of XYZ Corp. and the company is about to pay a 25% stock dividend. The stock currently sells for $100 per share. What will be the number of shares that you hold and the total value of your equity position after the dividend is paid?

Question 2. DCH Industries pays a quarterly dividend of $2 per share. The dividend yield on its stock is reported at 4.8%. At what price is the stock selling?

Solution Preview :

Prepared by a verified Expert
Accounting Basics: At what price is the stock selling
Reference No:- TGS01901647

Now Priced at $20 (50% Discount)

Recommended (95%)

Rated (4.7/5)