On July 31,2013,Rangers Corporation purchased 500,000 shares of Tigers Corporation.On December 31,2014,Rangers distributed 250,000 shares of Tigers stock as a dividend to Rangers' stockholders.This is an example of a

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This is an example of a property dividend, where a company distributes assets other than cash (in this case, shares of another company) to its shareholders.

On July 31,2013,Rangers Corporation Purchased 500,000 Shares of Tigers Corporation