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View Full Version : Calculating Stock dividends


dancinlzrd99
Mar 4, 2011, 02:28 PM
Assume a company has issued the following stock: 2,000 shares of 5% preferred stock at $50 per share and 18,000 shares of common stock at $22 per share. A cash dividend of $1.30 per share is declared for common stock, after preferred stockholders have received their 5% dividend. Compute your total cash dividends for the year if you own 100 shares of preferred stock.