Multiple Choice
Sadaplast has just declared a 25% stock dividend. The annual dividend, before the stock dividend was declared, was $1.00. Sadaplast intends to pay a dividend of $1.05 per share after the stock dividend is paid. What is the percentage increase in the cash dividend that will accompany the stock dividend?
A) 6.25%
B) 26.25%
C) 31.25%
D) 5.00%
Correct Answer:
Verified
Correct Answer:
Verified
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