Question

Greg purchased 2,000 shares of common stock of the rite track corporation last year. he learned several months later that the stock does not pay a dividend. greg should proceed to: hire an attorney and file a lawsuit. hire an attorney and go after the registered representative that brokered the trade. do the proper research before he invests. immediately proceed to sell the shares.

Answer 1

According to the case presented above, Greg learned only several months after buying stocks that the stock does not pay a dividend. It’s therefore advisable for him to do the proper research before he invests. He should find out if the stocks are only purchased for growth, or both for growth and income.