The board of directors must assign a per share value to a stock dividend declared that is
A) greater than the par or stated value.
B) less than the par or stated value.
C) equal to the par or stated value.
D) at least equal to the par or stated value.

Question

Quizplus · Accepted Answer

When a board of directors assigns a per share value to a stock dividend, it must be at least equal to the par or stated value. This ensures that the stock's value is not diluted and maintains the integrity of the existing shares' value.

The Board of Directors Must Assign a Per Share Value