FUND OF CORPORATE FINANCE LL W/ACCESS
11th Edition
ISBN: 9781260076752
Author: Ross
Publisher: MCG
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Textbook Question
Chapter 17, Problem 17.1CTF
Dividends are paid to the parties listed as shareholders on what date?
Expert Solution & Answer
Summary Introduction
To decide: The date on which the dividends are payable to the listed shareholders.
Introduction:
Dividend is the portion of the company’s earnings distributed to the parties, listed as shareholders of the company.
Explanation of Solution
Once the company finalizes its income statement, dividends payable are declared to the shareholders. Dividends are payable on the payment date or payable date. The shareholders who owned the shares before the ex-dividend date are allowed to the declared dividends.
Those who are not in the idea of reinvesting the shares will get the dividend on the payment dates.
Pictorial representation:
The date on which the company pays dividend to its shareholders:
Conclusion
Thus, the shareholders will get their dividends payable by the company on the payment dates if there are eligible, and the dividends are payable on quarterly basis.
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Chapter 17 Solutions
FUND OF CORPORATE FINANCE LL W/ACCESS
Ch. 17.1 - Prob. 17.1ACQCh. 17.1 - What are the mechanics of the cash dividend...Ch. 17.1 - How should the price of a stock change when it...Ch. 17.2 - How can an investor create a homemade dividend?Ch. 17.2 - Prob. 17.2BCQCh. 17.3 - Prob. 17.3ACQCh. 17.3 - Why do flotation costs favor a low payout?Ch. 17.4 - Why might some individual investors favor a high...Ch. 17.4 - Prob. 17.4BCQCh. 17.5 - How does the market react to unexpected dividend...
Ch. 17.5 - Prob. 17.5BCQCh. 17.6 - Prob. 17.6ACQCh. 17.6 - Prob. 17.6BCQCh. 17.8 - Prob. 17.8ACQCh. 17.8 - How does the accounting treatment of a stock split...Ch. 17 - Dividends are paid to the parties listed as...Ch. 17 - Prob. 17.3CTFCh. 17 - Prob. 17.4CTFCh. 17 - Prob. 17.8CTFCh. 17 - Dividend Policy Irrelevance [LO2] How is it...Ch. 17 - Prob. 2CRCTCh. 17 - Prob. 3CRCTCh. 17 - Prob. 4CRCTCh. 17 - Prob. 5CRCTCh. 17 - Prob. 6CRCTCh. 17 - Prob. 7CRCTCh. 17 - Prob. 8CRCTCh. 17 - Prob. 9CRCTCh. 17 - Prob. 10CRCTCh. 17 - Prob. 1QPCh. 17 - Prob. 2QPCh. 17 - Prob. 3QPCh. 17 - Prob. 4QPCh. 17 - Regular Dividends [LO1] The balance sheet for...Ch. 17 - Prob. 6QPCh. 17 - Prob. 7QPCh. 17 - Stock Dividends [LO3] The company with the common...Ch. 17 - Stock Splits [LO3] In the previous problem,...Ch. 17 - Homemade Dividends [LO2] You own 1,000 shares of...Ch. 17 - Prob. 11QPCh. 17 - Stock Repurchase [LO4] Galles Corporation is...Ch. 17 - Expected Return, Dividends, and Taxes [LO2] The...Ch. 17 - Dividends and Taxes [LO2] As discussed in the...Ch. 17 - Prob. 15QPCh. 17 - Dividends versus Reinvestment [LO2] After...Ch. 17 - Prob. 1MCh. 17 - Prob. 2MCh. 17 - Prob. 3MCh. 17 - Prob. 4MCh. 17 - Prob. 5MCh. 17 - Prob. 6M
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- The date the board of directors votes to declare and pay a cash dividend is called the: A. date of stockholders meeting B. date of payment C. date of declaration D. date of liquidationarrow_forwardWhich one of the following dates is the date on which the board of directors votes topay a dividend?(a) Record date(b) Declaration date(c) Ex-dividend date(d) Payment date(e) Settlement datearrow_forwardThe date the liability for dividends must be recognized:arrow_forward
- On which financial statement would the Dividends account appear?arrow_forwardHow to make a shareholder's Equity? How to journalized retained earnings and dividends?arrow_forwardIdentify the different types of dividends. How much is debited to Retained Earnings upon declaration of each types of dividends?arrow_forward
- Which of the following affects the total Shareholders’ Equity? a. Declaration of a scrip dividend b. Declaration of share split c. Appropriation of retained earnings d. Retirement of treasury sharesarrow_forwardDividends are(Select all that apply.)required amounts owed to shareholdersreported on the Income Statementamounts owed to creditorsnot an expense incurred to earn revenuecompany profits that are paid to shareholdersarrow_forwardWhich one of the following is the date on which the board of directors agrees to pay a dividend and passes a resolution to do so? Ex-dividend date Payment Date Declaration Date Date of recordarrow_forward
- Indicate whether statements regarding dividends is true or false. The date of record is the date a cash dividend is paid to stockholders.arrow_forwardAccording to the law, dividends may be funded from A. past earnings. B. current earnings. C. past earnings and current earnings. D. future earnings.arrow_forwardThe date of record is the date: Group of answer choices A)On which the board of directors of a corporation decides that a dividend will be paid. b)Used to determine exactly who will receive dividends. C)When cash is actually paid to the shareholders. D)When profits are declared. E)None of the abovearrow_forward
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