Coronado Limited has the following information available regarding its share capital at December 31, 2023 : The shares were issued when the corporation began operations on January 1,2022. No dividends were declared during 2022 and 2023. On October 27,2024 , the board of directors declares the required preferred share dividends and a $0.50 dividend for each of the common shares. The dividends are payable on December 1, 2024, to the shareholders of record on November 16, 2024. (a)