Ask Question
2 May, 13:55

Your portfolio is 150 shares of barden, inc. the stock currently sells for $87 per share. the company has announced a dividend of $1.32 per share with an ex-dividend date of april 19. assuming no taxes, how much will your stock be worth on april 19

+5
Answers (1)
  1. 2 May, 17:12
    0
    when there are no taxes the stock price can be expected to drop exactly to the dividend. so net stock price=87-1.32 net stock price=85.68 then the total stock worth will be net stock price * no. of. shares stock value = 85.68*150 stock value = 12,852 $
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Your portfolio is 150 shares of barden, inc. the stock currently sells for $87 per share. the company has announced a dividend of $1.32 per ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers