Figure 26-2
-Identify the structure labeled "12."
Definitions:
Dividend Rate
The amount of dividend paid per share divided by the price per share, often expressed as a percentage, indicating the returns shareholders receive for each dollar invested in the company's stock.
Date of Record
The cutoff date set by a company to determine which shareholders are eligible to receive a dividend or participate in a corporate action.
Dividend Payable
Liability showing amount of cash dividend owed.
Stock Split
Issuing of additional shares of stock to stockholders; total par or stated value remains the same.
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