[Tea Eagle]

Current selling price 24$.
Preffered stk(6% non-cumulative) $100 par 50000shares authorized. 1000000

Common stk $10 par, 1000000 shares authorized 2,500000
Excess of par on Common stk 500000
Retain Earnings 700000


If a 5% stock dividend was declared, how many additional shares would be distributed to the stockholders?

[morgaine300]

Please read sticky at the top of this board.

A stock dividend is a portion of the shares already outstanding.