Following is a summary of the investments owned by Kingbird Corporation, as of January 1, 2023: Investment Percentage of Outstanding Shares Kingbird's Intention STG Corporation 6% To be sold when prices increase Brach Ltd. 35% Buy additional shares to achieve control of company. Kingbird has members on Brach's Board of Directors. Raptor Inc. 2% To be sold when prices increase CMP Ltd. 26% Diloph Inc. 8% Hold indefinitely. Another company owns the remaining 74% of shares Hold indefinitely During 2023, the various companies paid dividends at various times throughout the year, as follows: Kingbird's Share of Investment Dividends STG Corporation $8,790 Brach Ltd. 22,800 Raptor Inc. 2,400 CMP Ltd. 20,300 Diloph Inc. 4,230