The annual dividend on 420 cumulative preferred 500000


1. The annual dividend on $4.20 cumulative preferred, 500,000 shares authorized, 160,000 shares issued, 137,400 shares outstanding. Last year's dividend has not been paid.

2. The quarterly dividend on 9.5% cumulative preferred, $100 stated value, $103 liquidating value, 120,000 shares authorized, 108,000 shares issued and outstanding. No dividends are in arrears.

 

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Financial Accounting: The annual dividend on 420 cumulative preferred 500000
Reference No:- TGS01369337

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