Question

A firm just declared (on Friday, April 14) a dividend of $0.75 per share (payable on Monday, July 31) to shareholders of record on Friday, June 16. You are considering buying 100 shares of this stock on Monday, May 22 and an additional 50 shares on Thursday, June 15. True or False: Your total dividend amount will be $75 on Monday, July 31. 

          A firm just declared (on Friday, April 14) a dividend of $0.75 per share (payable on Monday, July 31) to shareholders of record on Friday, June 16. You are considering buying 100 shares of this stock on Monday, May 22 and an additional 50 shares on Thursday, June 15.
True or False: Your total dividend amount will be $75 on Monday, July 31.
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Horngren’s Cost Accounting
Horngren’s Cost Accounting
Srikant M. Datar, Madhav V. Rajan 16th Edition
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A firm just declared (on Friday, April 14) a dividend of $0.75 per share (payable on Monday, July 31) to shareholders of record on Friday, June 16. You are considering buying 100 shares of this stock on Monday, May 22 and an additional 50 shares on Thursday, June 15. True or False: Your total dividend amount will be $75 on Monday, July 31.
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Transcript

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00:01 So initially what happened the stock price was stock price was $150.
00:09 Correct.
00:10 So this is the stock price right now after splitting after splitting 4 for 1 stock the stock price becomes stock price becomes how much so this was this was one stock price right.
00:48 So stock price becomes what $150 divided whole divided by 4 correct.
00:58 So this would be approximately how much 150 divided by 4 that should be equals to approximately $37 .5 now which was stock price was 150 now it is 37 .5...
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