question archive November 1 Declare a cash dividend on its common stock of $1
November 1 Declare a cash dividend on its common stock of $1
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November 1 Declare a cash dividend on its common stock of $1.50 per share and a $480,000 (4% of par value) cash dividend on its preferred stock payable to all stockholders of record on November 15. (Hint: Dividends are not paid on treasury stock.)
