Ask Question
BusinessBusiness
9 May, 19:56

Plyler Cabinets declared a dividend of $1.20 a share on May 15 to holders of record on Monday, June 1. The dividend is payable on June 15. Sara purchased 500 shares of Plyler Cabinets stock on Friday, May 29. How much dividend income will she receive on June 15 from Plyler Cabinets?

+4
Answers (1)
  1. 9 May, 20:24
    0
    The correct answer to the following question is that Sara will not receive any dividend income.

    Explanation:

    Sara has bought the Plyler cabinets share (500) on Friday, May 29 but the plyler cabinets had declared dividend of $1.20 on a share on May 15, and the holders will get dividend on June 1, which means she has bought the shares after the ex dividend date (after 15th May) so she will not receive any dividend income.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Plyler Cabinets declared a dividend of $1.20 a share on May 15 to holders of record on Monday, June 1. The dividend is payable on June 15. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
When a fruit or vegetable (such as strawberries or lentils) is in season, the demand for it will increase as it becomes cheaper.?
Answers (1)
Stella is 16 years old. She earned $3,500 this year at a local ice cream shop, and another $3,500 in cash babysitting her neighbor's son. Does she need to file a tax return? Why or why not?
Answers (2)
Corporate strategy Multiple Choice determines balanced scorecard financial and strategic objectives. should be based on a flexible strategic vision and mission.
Answers (2)
Bella epoch fashion received notice that its bank has processed an nsf check. what would be the result for bella epoch fashion
Answers (1)
An 8a small disadvantaged business graduates from the 8a program after how many years? a. 11b. 9c. 5e. 7
Answers (1)
New Questions in Business
Trueview video ads can be especially effective for driving what goals?
Answers (1)
There are three factors that can affect the shape of the Treasury yield curve (r*t, IP_t, and MRP_t) and five factors that can affect the shape of the corporate yield curve (r*t, IP_t, MRPt, DRP_t, and LP_t).
Answers (1)
Alyson is an employee at Who'd of Thunk It Games, a company that was just purchased by a competitor. The goals set forth by the new management team are extremely ambitious and are placing seemingly insurmountable goals for the employees.
Answers (1)
Making any misleading representations or incomplete or fraudulent comparison of any insurance policies or insurers for the purpose of inducing, or tending to induce, any person to lapse, forfeit, surrender, terminate, retain, or convert any
Answers (1)
Once risks have been identified, how can they be managed?
Answers (1)
Home » Business » Plyler Cabinets declared a dividend of $1.20 a share on May 15 to holders of record on Monday, June 1. The dividend is payable on June 15. Sara purchased 500 shares of Plyler Cabinets stock on Friday, May 29.
Sign Up Forgot Password?