Determining cash payments to stockholders The board of directors declared cash dividends totaling $168,100 during the current year. The comparative balance sheet indicates dividends payable of $47,100 at the peginning of the year and $42,400 at the end of the year. What was the amount of cash payments to stockholders during the year? X Feedback Check My Work Recall that there are three important dates when dealing with the cash dividends; the declaration date, stockholders of record date and the payment date. Remember you want to determine the amount of the total cash payment made to stockholders