Business, 27.03.2020 23:19, Qxeen9163

Bayside Marina just announced it is increasing its annual dividend from $1.45 per share to $1.48 per share effective immediately. If the dividend yield remains at its pre-announcement level, then you know the stock price:

A. was unaffected by the announcement
B. increased proportionately with the dividend increase
C. decreased proportionately with the dividend increase
D. decreased by $0.03 per share
E. increased by $0.03 per share

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Bayside Marina just announced it is increasing its annual dividend from $1.45 per share to $1.48 per...