Examlex
Some states recognize LLCs but do not permit partnership taxation at the state level.
Last Dividend
The most recent distribution of profits made by a corporation to its shareholders.
Indefinitely
For an unlimited or unspecified period of time, lacking a definite end.
Recently Declared
Refers to a statement, dividend, or decision that has been announced or made public by a company or governing body in the near past.
Preferred Stock
A class of ownership in a corporation that has a higher claim on its assets and earnings than common stock, typically with fixed dividends.
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