Kizspy | Question: 47 (Choose 1 answer)
Split-Div, Inc. has issued quarterly dividends of $0.10 per share each quarter over the last few years. This quarter the company initiated a 2-for-1 stock split. What is the minimum quarterly dividend the company's board should approve to avoid sending a bad signal to the investors?
A. $0.02 per share
B. $0.05 per share
C. $0.10 per share
D. $0.20 per share