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  3. 2-) a company is planning to distribute 2$ per sha

2-) A company is planning to distribute 2$ per share for each share where as...

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Finance

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2-) A company is planning to distribute 2$ per share for each share where as they were paying 1 dollar last year.(the extra one dollar is given only once and the company will continue to pay 1$ afterwards). This information is Partly leaked to the public on 23rd of April but the official announcement is made on April 25th. What happens to the share price, increase, decrease or remain similar) under the following theories of dividend on announcement day? Assume ex-date is June 15th. What happens to share price on ex-date. How much the price will decrease or increase on ex-date

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