Houser Corporation owns 4,000,000 shares of Baha Corporation.On December 31, 2012, Houser distributed these shares as a dividend to its shareholders.This is an example of a

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A property dividend is a dividend paid to shareholders in the form of assets other than cash, such as shares of another company. In this case, Houser Corporation distributed shares of Baha Corporation, which qualifies as a property dividend.

Houser Corporation Owns 4,000,000 Shares of Baha Corporation