If the stockholders tax rate on dividends is 15 what is the


Assume that Provident Health System, a for-profit hospital, has $1 million in taxableincome in 2011, and its tax rate is 30% percent.

Suppose the hospital pays out $300,000 in dividends. A stockholder receives $10,000. If the stockholder's tax rate on dividends is 15%, what is the after-tax dividend?

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Finance Basics: If the stockholders tax rate on dividends is 15 what is the
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