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    Wintaroxi's Avatar
    Wintaroxi Posts: 1, Reputation: 1
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    #1

    Aug 13, 2010, 12:30 PM
    Finding Liquidating Dividend per Share?
    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's Avatar
    regom Posts: 1, Reputation: 1
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    #2

    Aug 13, 2010, 03:40 PM
    3840
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #3

    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!)
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