金融理论英文版课件3.pptVIP

Dividends Dividends Cash Dividends For a corporation to pay a cash dividend, it must have: Retained earnings - Payment of cash dividends from retained earnings is legal in all states. Adequate cash. A declaration of dividends by the Board of Directors. Dividends Dividends Illustration: On Dec. 1, the directors of Media General declare a 50￠ per share cash dividend on 100,000 shares of $10 par value common stock. The dividend is payable on Jan. 20 to shareholders of record on Dec. 22? Dividends Dividends Stock Dividends Pro rata distribution of the corporation’s own stock. Dividends Stock Div