Your portfolio is 150 shares of barden, inc. the stock currently sells for $87 per share. the company has announced a dividend of $1.32 per share with an ex-dividend date of april 19. assuming no taxes, how much will your stock be worth on april 19
when there are no taxes the stock price can be expected to drop exactly to the dividend.
so
net stock price=87-1.32
net stock price=85.68
then the total stock worth will be net stock price * no.of .shares
stock value= 85.68*150
stock value= 12,852 $
