Question and answer
Dividends to common stockholders are A. a distribution of profits that are paid only if approved by the companys board of directors. b. a legally required payment to the companys shareholders. c. a tax-deductible expense. d. the result of a rise in the market price of the firms stock in the secondary market.
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Question
Asked 10/27/2013 9:40:00 AM
Updated 10/30/2014 7:59:48 PM
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Flagged by emdjay23 [10/30/2014 7:59:48 PM]
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User: Dividends to common stockholders are A. a distribution of profits that are paid only if approved by the companys board of directors. b. a legally required payment to the companys shareholders. c. a tax-deductible expense. d. the result of a rise in the market price of the firms stock in the secondary market.

Weegy: The correct answer is B. A dividend is a sum of money paid to stockholders out of the company profits.
sambob11|Points 15|

User: Deborah owns 100 shares of common stock in the Macrofirm Corporation. She bought the stock at a price of $33 per share, and it is now selling at $46 per share. If she sold it now, she would realize a a. premium. b. regular dividend. c. capital gain. d. cumulative dividend.

Question
Asked 10/27/2013 9:40:00 AM
Updated 10/30/2014 7:59:48 PM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by emdjay23 [10/30/2014 7:59:48 PM]
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Dividends to common stockholders are: A distribution of profits that are paid only if approved by the company's board of directors.


Added 10/30/2014 7:59:47 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [10/30/2014 10:41:53 PM]
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