What are the advantages of a stock split

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Question: 1. Explain what a dividend's declaration date, date of record, and ex-dividend date are.

2. What are the advantages of a stock split or dividend over a cash dividend?

3 Why would a firm repurchase its own stock?

4. (Dividend payout ratio) Phosphorus Technologies earned €3 million in net income last year and for the first time ever paid its common stockholders a cash dividend of €1.12 per share. The firm has 1 million shares outstanding. What was Phosphorus Technologies' dividend payout ratio?

Reference no: EM131488731

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