Who are entitled to the dividend

Assignment Help Financial Management
Reference no: EM131546385

Caterpillar (CAT) announced on Dec. 12, 2012 that it would pay a last quarter dividend of $0.52 on Dec. 31, 2012. The date of record was Dec. 24, 2012. Katy bought 300 shares on Nov. 15, John sold 200 shares on Dec. 23, and Kayla sold 100 shares on Dec. 29 that she bought long time ago. Who are entitled to the dividend?

Reference no: EM131546385

Questions Cloud

What is caogen pr grassroots culture in china : What is China, and what is "Caogen" pr grassroots Culture in China;
What is snoopy total monthly outlay : Snoopy borrows $7200 at 8.1% nominal convertible monthly to pay for his new super-deluxe doghouse. What is Snoopy's total monthly outlay?
What is the firm cost of common equity : A firm is financed 45% with equity and 55% with debt. What is the firm's cost of common equity?
What is the nominal rate of interest convertible monthly : What is the nominal rate of interest convertible monthly?
Who are entitled to the dividend : Caterpillar (CAT) announced on Dec. 12, 2012 that it would pay a last quarter dividend of $0.52 on Dec. 31, 2012. Who are entitled to the dividend?
Find the present value of a perpetuity : Find the present value of a perpetuity that pays $3800 every three years starting seven years from now.
About the freemium business model : The case and articles about Spotify talked a lot about the "Freemium" business model that is popular today.
About governmental entitlement programs : Given all of the press about governmental entitlement programs, and the possibility that Social Security will be unsustainable in 30 years,
What is the present value of perpetuity : A perpetuity will make annual payments with the first payment coming 9 years from now. what is the present value of the perpetuity?

Reviews

Write a Review

Financial Management Questions & Answers

  Two destinations-save for the differential risk of death

You are trying to decide where to go on vacation. In country A, your risk of death is 1 in 20,000, and you’d pay $5,000 to go on that vacation. In country B, your risk of death is 1 in 30,000, and you’d pay $5,600 to go on that vacation. Supposing th..

  Compute the percentage total return

Suppose a stock had an initial price of $62 per share, paid a dividend of $1.10 per share during the year, Compute the percentage total return.

  What is the inventory turnover rate

What is the inventory turnover rate?

  The current price of non-dividend paying stock

The current price of a non-dividend paying stock is $75. Use a two-step tree to value an American put option on the stock with a strike price of $72 that expires in 12 months. Each step is 6 months, the risk free rate is 5% per annum, and the volatil..

  The required rate of return on the stock

The required rate of return on the stock, rs, is 9.00%. What is the stock's expected price 3 years from today (P3)?

  Odd dividend policy

Hot Wings, Inc., has an odd dividend policy. The company has just paid a dividend of $8.50 per share and has announced that it will increase the dividend by $6.50 per share for each of the next four years, and then never pay another dividend.

  Complete the financial data analysis template

In the third column, calculate the difference by subtracting 2008 data from 2009 data. For instance, with cash, this would be $22,995 - $41,851 = -$18,856. In the fourth column, calculate the percentage change from the 2008 number. For instance, with..

  In lowering the reserve requirement for banks

In lowering the reserve requirement for banks, the Fed hopes to:

  The annual interest rate-income tax bracket

Suppose that you invest $170 per month? (before taxes) for 27 years (324 payments) and the annual interest rate (APR) is 10%, compounded monthly. If your income tax bracket is 22%, what lump sum, after-tax distribution can be taken at the end of 27 e..

  What is the co-variance for the investment portfolio

There are currently 2 investments in the portfolio, Investment A and Investment B. Based on different economic forecasts, we have the following information: What are the expected returns for Investment A and Investment B? What are the standard deviat..

  Gas-powered and an electric-powered forklift truck

Davis Industries must choose between a gas-powered and an electric-powered forklift truck for moving materials in its factory. Since both forklifts perform the same function, the firm will choose only one. Calculate the NPV for each type of truck.

  Firms current risk based on any method for assessing risk

Powell Motors Inc. is considering investing in a project in which the risk is greater than the firm's current risk based on any method for assessing risk. Which of the following should management do when evaluating this project? A firm's after-tax co..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd