An accounting transaction that distributes something other than cash to existing shareholders in proportion to the numbers of shares currently owned by the stockholders is known as a ___ dividend.
A) cash
B) in-kind
C) restricted
D) stock

Question

Quizplus · Accepted Answer

A stock dividend is a payment made in the form of additional shares, rather than a cash payout, distributed to shareholders in proportion to the number of shares they already own.

An Accounting Transaction That Distributes Something Other Than Cash to Existing