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How much of dividend will paid to each type of shareholder

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Problem 1: Star Corporation declares a dividend of $150,000 on January 15, 2019. The company has 50,000 common shares outstanding and 10,000 preferred shares with a $2 non-cumulative dividend. The company last paid a dividend on December 31, 2017. How much of the dividend will be paid to each type of shareholder?

Reference no: EM132739568

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