How to calculate the dividend amount on preferred stock?

For preferred stock there is a Percentage. Preferred stock pays a fixed rate of dividends by the percentage of the Par value of the stock.

For example a 2% 50 Par value Preferred stock will pay 50*2% = $1 divdend per share.

What is there is no percentage? I'm stuck on exercises that you need to calculate the dividends but all it gives you is:
Preferred $10 stock, $40 par (no change during the year) $800,000

We appreciate if you start your own thread for your question instead of tagging onto other people's.

Since it has a dollar value already, just use that. The % means a % of the par, and if you figure that %, it'll give you the dollar value per share. You simply already have that dollar value ($10) rather than having to figure it out. But otherwise it's the same thing.

You own 750 shares of stock X and you read in the newspaper that the dividend for the stock is 3.88. What did you earn in dividends?

You own 750 shares of stock X and you read in the newspaper that the dividend for the stock is 3.88. What did you earn in dividends?

Is that 3.88% or $3.88 per share?

how to find the answer, if my friend give me 2% is =$10.309, so how many $$ altogether

Divide by 2 multiply by 100

Thanks Paraclete.. :)

The years are given for three years of $9000 $14,000 $21,000

I need to determine the total dividends for each class of stock preferred of stock outstanding cummulative 86,000 shares of 5%,$3 par and common stock of 135,000 shares of $1.55 par share. I need help to figure this out

The years are given for three years of $9000 $14,000 $21,000

I need to determine the total dividends for each class of stock preferred of stock outstanding cummulative 86,000 shares of 5%,$3 par and common stock of 135,000 shares of $1.55 par share. I need help to figure this out

If the market price is not given on Preferred stock how can I find it?

You do not need market price in calculating dividends. Simply take your par value times the percentage rate times your shares issued and outstanding equals your dividends on preferred stock.