You own 110 shares of stock in Halestorm, Incorporated, that currently sells for $81.40 per share. The company has announced a dividend of $2.70 per share with an ex-dividend date of February 4. Assuming no taxes, what is the value of the stock on February 4?
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You own 110 shares of stock in Halestorm, Incorporated, that currently sells for $81.40 per share. The company has announced a dividend of $2.70 per share with an ex-dividend date of February 4. Assuming no taxes, what is the value of the stock on February 4?
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- You own 170 shares of stock in Halestorm, Incorporated, that currently sells for $82.30 per share. The company has announced a dividend of $3.00 per share with an ex-dividend date of February 4. Assuming no taxes, what is the value of the stock on February 4?You own 230 shares of stock in Halestorm, Inc., that currently sells for $83.20 per share. The company has announced a dividend of $3.30 per share with an ex-dividend date of February 4. Assuming no taxes, what is the value of the stock on February 4?You own 270 shares of stock in Green Mild Chili Peppers, Inc., that currently sell for $51.70 per share. The company has announced a dividend of $2.83 per share with an ex-dividend date of May 3. Assuming no taxes, what is the value of your portfolio on May 3?
- You own 1,000 shares of stock in Avondale Corporation. You will receive a $3.45 per share dividend in one year. In two years, the company will pay a liquidating dividend of $62 per share. The required return on the company's stock is 15 percent. a. Ignoring taxes, what is the current share price of your stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. If you would rather have equal dividends in each of the next two years, how many shares would you sell in one year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What would your cash flow be for each year for the next two years? Hint: Dividends will be in the form of an annuity. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Answer is not complete. a. Share price b. Number of shares c. Cash flow 1,950.00 $ 64,242.50 XKathy Snow wishes to purchase shares of Countdown Computing, Inc. The company's board of directors has declared a cash dividend of $1.13 to be paid to holders of record on Wednesday, Sep. 21. a. What is the last day that Kathy can purchase the stock and still receive the dividend? b. What day does this stock begin trading ex dividend? c. What change, if any, would you expect in the price per share when the stock begins trading on the ex-dividend day? d. Kathy believes that she will be able to sell the stock for $46.92 in a few months. Tomorrow is the ex-dividend date, and the stock price now is $42.92. Is she better off buying the stock now so she can capture the dividend, or should she wait until tomorrow, miss the dividend, and buy the stock at a slightly lower price?You own 190 shares of stock in Green Mild Chili Peppers, Incorporated, that currently sell for $49.70 per share. The company has announced a dividend of $2.35 per share with an ex-dividend date of May 3. Assuming no taxes, what is the value of your portfolio on May 3?
- 34) share. The company has announced a dividend of $2.25 per share with an ex-dividend date of February 4. Assuming no taxes, what is the value of the stock on February 4? You own 240 shares of stock in Halestorm, Inc., that currently sells for $83.35 per A) $187.54 B) $86.70 C) $81.10 D) $83.35 E) $85.60You own 3,000 shares of stock in Avondale Corp. You will receive a $0.85 per share dividend in one year. In two years, Avondale will pay a liquidating dividend of $47 per share. The required return on Avondale stock is 12 percent. (Do not round intermediate calculations. Round the final answers to 2 decimal places. Omit $ sign in your response.) What is the current share price of your stock (ignoring taxes)? Share price If you would rather have equal dividends in each of the next two years by creating homemade dividends, what would be the cash flow for Year 1 and Year 2? Year 1 cash flow Year 2 cash flow $ $You own 100 shares of XYZ common stock. XYZ’s quarterly dividend is $1.00 per share. What is the amount of the dividend check you can expect to receive for this year?
- The Chris Clapper Copper Company declared a 25 percent stock dividend on March 10 to shareholders of record on April 1. The market price of the stock is $50 per share. You own 160 shares of the stock. 1.)If you sold your stock on March 20, what would be the price per share, all other things the same (no signaling effect)?Format: 11 2.)After the stock dividend is paid, how many shares of stock will you own?Format: 111 3.)At what price would you expect the stock to sell on April 2, all other things the same (no signaling effect)?Format: 11 4.)What will be the total value of your holdings before the stock dividend, all other things the same?Format: 1,111 5.)What will be the total value of your holdings after the stock dividend, all other things the same?Format: 1,111During a recent year, Emerson Electric paid an annual dividend of $0.64 per share. Calculate the dividends (in dollars) paid to a shareholder who has 650 shares of Emerson Electric stock.Kathy Snow wishes to purchase shares of Countdown Computing, Inc. The company's board of directors has declared a cash dividend of $0.80 to be paid to holders of record on Wednesday, May 12. a. What is the last day that Kathy can purchase the stock (trade date) and still receive the dividend? b. What day does this stock begin trading ex dividend? c. What change, if any, would you expect in the price per share when the stock begins trading on the ex dividend day? d. If Kathy held the stock for less than one quarter and then sold it for $39 per share, would she achieve a higher investment return by (1) buying the stock prior to the ex dividend date at $35 per share and collecting the $0.80 dividend or (2) buying it on the ex dividend date at $34.20 per share but not receiving the dividend?