Assume that you own 4,000 shares of Blueco, Inc.\'s, common stock and that you c

Question

Assume that you own 4,000 shares of Blueco, Inc.'s, common stock and that you currently receive cash dividends of $0.8 per share per year. If Blueco, Inc., declared a 4% stock dividend, how many shares of common stock would you receive as a dividend? dividend shares 160 Calculate the cash dividend per share amount to be paid after the stock dividend that would result in the same total cash dividend (as was received before the stock dividend). (Round your answer to 2 decimal places.) total cash dividend per share If the cash dividend remained at $0.8 per share after the stock dividend, what per share cash dividend amount without a stock dividend would have accomplished the same total cash dividend?(Round your answer to 3 decimal places.) Total cash dividend per share per share

Explanation / Answer

2 Total Sahres (4000+160) 4160 Total Cash Dividend (4000*0.8) 3200 Dividend per share               0.77 3 Total Sahres (4000+160) 4160 Dividend per share 0.8 Total Cash Dividend 3328 No. of Share without Stock Dividend 4000 Dividend per share 0.83

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