The board of directors generally assigns a per share value to a stock dividend declared that is
A) greater than the book value.
B) at the discretion of the board of directors.
C) equal to the issue price of the original share.
D) equal to the fair market value per share.

Question

Quizplus · Accepted Answer

The board of directors generally assigns a per share value to a stock dividend declared that is equal to the fair market value per share. This ensures that the value of the dividend reflects the current market conditions and the actual worth of the shares being distributed.

The Board of Directors Generally Assigns a Per Share Value