Under a dividend reinvestment plan, each shareholder who owned their shares before the ex-dividend date receives ________ of the firm.
A)shares for partial cash payment
B)cash only
C)additional shares
D)additional shares and stock

Question

Quizplus · Accepted Answer

Under a dividend reinvestment plan, shareholders receive additional shares of the firm as their dividend payment, rather than receiving cash.

Under a Dividend Reinvestment Plan, Each Shareholder Who Owned Their