Walker recently purchased 1,000 shares of Heights Corp.stock, but now receives additional 100 shares of Heights stock, which represent a ratable distribution of additional shares by the corporation.Walker's receipt of additional shares is a:

Question

Quizplus · Accepted Answer

A stock dividend is a distribution of additional shares to existing shareholders, typically in proportion to the number of shares they already own.

Walker Recently Purchased 1,000 Shares of Heights Corp