peanut, The peanut, also known as the groundnut and the goober and taxonomically classified as Arachis hypogaea, is a legume crop grown mainly for its edible seeds. It is widely grown in the tropics and subtropics, being important to both small and large commercial producers.
Definition of outstanding shares: The number of ordinary shares that, after their issue, have been sold to and are being held by shareholders. Computation of dividend, and the market capitalization of a publicly traded company, are ...
If there is a stock dividend declared of 0.2, then the number of shares outstanding will increase by 20% to 240 million. With this new number of shares outstanding, and the company's market cap remains the same, but the share price will now decrease to $3.13 ($750/240).