JBC Corp declared a dividend of $2 per share which was an increase of 25% from the prior year yet… 1 answer below »

JBC Corp declared a dividend of $2 per share which was an increase of 25% from the prior year yet JBC Corp stock declined by 3% the day of he announcement. The rbi group declared a dividend of $2 per share which was the same as the prior year and it's stock increased in value by 2% on the day of he announcement . These events could be most readily explained by the.

A. Information effect

B. Expectations theory

C. Clientele effect

D. Residual dividend theory

"Is this question part of your assignment? We can help"

ORDER NOW