Finra Exam Series-7 Topic 7 Question 105 Discussion

Actual exam question for Finra's Series-7 exam

Question #: 105
Topic #: 7

The Bubba Corporation has 900,000 of common outstanding and holds 100,000 shares as treasury stock. At the end of the third quarter $450,000 is distributed as a dividend on the common.

How much is the dividend per share?

A$0.45

B$0.50

C$2.00

D$2.22

Show Suggested Answer

Suggested Answer: A

$0.45. Since treasury stock does not receive dividends, divide $450,000 by the outstanding 100,000 shares to arrive at $0.45 per share.

by Asuncion at Jan 10, 2025, 06:33 PM

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Lorrie

11 days ago

I think the dividend per share is $0.50.

upvoted 0 times

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