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Difference between dividends paid vs declared?
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Difference between dividends paid vs declared?
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If I'm given: Preferred Stock: $50 par value, 8 percent cumulative, 10000 shares authorized, issued, and outstanding. Common Stock: $5 par value, 200,000 shares authorized, issued, and outstanding. THe company paid $30,000, $30,000, $94,000, and $130,000 in dividends during 2003, 2004,...
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Are common stock dividends declared just prior to the end of a FY (06), but actually paid early in the following FY (07), included in the total amount of dividends "paid" during that FY (06)? Or, like I suspect, are they truly considered "paid" in the following FY (07) total? Thanks! View more questions Search
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