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John and Ethel, a married couple, receive $21,000 in Social Security benefits in 2018. They also receive $82,000 in taxable pension payments and $6,000 in municipal bond interest. What is their adjusted gross income for 2018?
Preferred Stock
A class of stock that offers dividends and/or liquidation preferences over common stock but typically does not carry voting rights.
Par Value
A nominal value assigned to shares of stock by a company's charter, which has little relation to its market value.
Dividends Paid
The portion of a corporation's earnings distributed to shareholders, typically in the form of cash or additional shares.
Dividend Yield
Dividend yield is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price, indicating the return on investment for shareholders.
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