Houser Corporation owns 4,000,000 shares of Baha Corporation.On December 31, 2015, 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, making it a property dividend.

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