Dividends per share of common stock
Not what you're looking for?
Iguana Inc. has 100,000 shares of common stock outstanding. Additionally, the company has 1000 shares of 100 par value, 5% cumulative preferred stock outstanding. This year, the board of directors has allocated $50,000 to pay dividends.
If the Iguana did not pay dividends last year, what will be the company's dividends per share of common stock this year?
Dividends per share of common stock = $2.00
Purchase this Solution
Solution Summary
The solution explains how to calculate the amount of dividends per share of common stock.
Solution Preview
We would need to remove the dividends to be paid on preferred stock. There were no dividends on preferred ...
Purchase this Solution
Free BrainMass Quizzes
Social Media: Pinterest
This quiz introduces basic concepts of Pinterest social media
Managing the Older Worker
This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce
Employee Orientation
Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.
IPOs
This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)
Business Ethics Awareness Strategy
This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.