GoodSignal Co. is currently trading for $10 with 1 million shares outstanding. Which of the following actions would be the strongest signal to investors that management believes that the long-term prospects for a company have improved?
A) Pay a $0.20 extra dividend in addition to the company's $0.20 regular quarterly dividend
B) Increase the company's regular quarterly dividend from $0.20 to $0.40
C) Initiate an open-market stock repurchase of 2 percent of the company's stock
D) Pay a $0.20 special dividend by selling a major fixed asset
Correct Answer:
Verified
Q59: Venus Co. has just announced that the
Q60: You purchased 500 shares in Catalyst, Inc.
Q61: The Wyoming Boot, Co. has paid a
Q62: Suppose you are advising a retiree who
Q63: You purchased 4,000 shares of High-Div Co.
Q65: You purchased 8,000 shares of Wallflower Technologies
Q66: You own 1,200 shares of Harry, Co.
Q67: You own 3,000 shares of Split-Holdings Co.
Q68: Which of the following explanations is usually
Q69: You purchased 2,000 shares of Crimson Treat
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents