Dividend and Topic

Chapter 14 Questions:

Topic: DIVIDENDS 1. Payments made out of a firm 's earnings to its owners in the form of cash or stock are called: A) Dividends. B) Distributions. C) Share repurchases. D) Payments-in-kind. E) Stock splits.
Answer: A

Topic: REGULAR CASH DIVIDENDS 2. A cash payment made by a firm to its owners in the normal course of business is called a: A) Share repurchase. B) Liquidating dividend. C) Regular cash dividend. D) Special dividend. E) Extra cash dividend.
Answer: C

Topic: SPECIAL DIVIDENDS 3. A cash payment made by a firm to its owners as a result of a one-time event is called a: A) Share repurchase. B) Liquidating dividend. C) Regular cash dividend. D) Special dividend. E) Extra cash dividend.
Answer: D

Topic: LIQUIDATING DIVIDENDS 4. A cash payment made by a firm to its owners when some of the firm 's assets are sold off is called a: A) Liquidating dividend. B) Regular cash dividend. C) Special dividend. D) Extra cash dividend.
Answer: A

Topic: DECLARATION DATE 5. The date on which the board of directors passes a resolution authorizing payment of a dividend to the shareholders is the ____________ date. A) ex-rights B) ex-dividend C) record D) payment E) declaration
Answer: E

Topic: EX-DIVIDEND DATE 6. The date before which a new purchaser of stock is entitled to receive a declared dividend, but on or after which she does not receive the dividend, is called the ____________ date. A) ex-rights B) ex-dividend C) record D) payment E) declaration
Answer: B

Topic: DATE OF RECORD 7. The date by which a stockholder must be registered on the firm 's roll as having share ownership in order to receive a declared dividend is called the _______________. A) date of ex-rights B) date of ex-dividend C) date of record D) date of payment E) date of declaration
Answer: C

Topic: