Which one of these examples does NOT meet the strict definition for a dividend?
A) Steel Gen Company regularly distributes $0.05 to each shareholder for every share they own.
B) Chalone Vineyards once offered their investors discounts on wine in proportion to the number of shares they owned.
C) Sippy Downs, Ltd., which operates several horse racing tracks, including the location for the Deagon Derby, distributes two free general admission tickets to every investor who holds more than 100 shares in the company (as of 2013) .
D) Both b and c do not meet the definition for a dividend.
Correct Answer:
Verified
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