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View Full Version : Finding Liquidating Dividend per Share?


Wintaroxi
Aug 13, 2010, 12:30 PM
Southern Foods recently liquidated its fast food division. That unit represented 20
percent of the firm's overall market value. Prior to the liquidation, the firm's stock was
selling for $43 a share, the annual dividend was steady at $1.20 per share, and there
were 16,000 shares outstanding. The firm is preparing to distribute the entire
liquidation proceeds to shareholders. How much will the liquidating dividend be per
share?

regom
Aug 13, 2010, 03:40 PM
3840

morgaine300
Aug 14, 2010, 03:52 AM
Both of you read the guidelines for posting homework at the top of this forum, in the red print where it says "Read this first."

We are not here just to answer people's homework for them. (Especially with no explanation so that they learn nothing!)