Matching
Match each of the appropriate definition with the correct item.
Premises:
Preferred stock that is not entitled to receive past, unpaid dividends
Stock of a corporation that has been issued and has been repurchased by the issuing
Date when cash dividends are actually paid to shareholders of a corporation.
A distribution of earnings in the form of cash to the shareholders of a corporation
Date when the board of directors of a corporation authorizes the payment of dividends to the shareholders of the corporation
Date used to determine which shareholders should receive dividends; anyone owning stock on this date is entitled to receive dividends
Any dividends owed to the preferred shareholders from past years, but were not declared
Type of corporate stock that has preference rights over common stock
Corporate distribution of earnings to the shareholders of the corporation
Stock on which the fixed dividend amount accumulates from year to year; the entire amount of all past unpaid dividends must be paid to the preferred shareholders before any dividends can be paid to the common shareholders
Responses:
dividends
date of record
cumulative preferred stock
preferred stock
noncumulative preferred stock
cash dividends
declaration date
dividends in arrears
payment date
treasury stock
Correct Answer:
Premises:
Responses:
Preferred stock that is not entitled to receive past, unpaid dividends
Stock of a corporation that has been issued and has been repurchased by the issuing
Date when cash dividends are actually paid to shareholders of a corporation.
A distribution of earnings in the form of cash to the shareholders of a corporation
Date when the board of directors of a corporation authorizes the payment of dividends to the shareholders of the corporation
Date used to determine which shareholders should receive dividends; anyone owning stock on this date is entitled to receive dividends
Any dividends owed to the preferred shareholders from past years, but were not declared
Type of corporate stock that has preference rights over common stock
Corporate distribution of earnings to the shareholders of the corporation
Stock on which the fixed dividend amount accumulates from year to year; the entire amount of all past unpaid dividends must be paid to the preferred shareholders before any dividends can be paid to the common shareholders
Premises:
Preferred stock that is not entitled to receive past, unpaid dividends
Stock of a corporation that has been issued and has been repurchased by the issuing
Date when cash dividends are actually paid to shareholders of a corporation.
A distribution of earnings in the form of cash to the shareholders of a corporation
Date when the board of directors of a corporation authorizes the payment of dividends to the shareholders of the corporation
Date used to determine which shareholders should receive dividends; anyone owning stock on this date is entitled to receive dividends
Any dividends owed to the preferred shareholders from past years, but were not declared
Type of corporate stock that has preference rights over common stock
Corporate distribution of earnings to the shareholders of the corporation
Stock on which the fixed dividend amount accumulates from year to year; the entire amount of all past unpaid dividends must be paid to the preferred shareholders before any dividends can be paid to the common shareholders
Responses:
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