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Oct. 31. Declared semiannual dividends of $1.40 on the preferred stock and $0.14 on the common stock (before the stock dividend). In addition, a 1%

Oct. 31. Declared semiannual dividends of $1.40 on the preferred stock and $0.14 on the common stock (before the stock dividend). In addition, a 1% common stock dividend was declared on the common stock outstanding. The fair market value of the common stock is estimated at $47.

Cash dividends CashCash DividendsCash Dividends PayableCommon StockNo Entry RequiredCash Dividends Cash Dividends Cash Dividends
CashCash DividendsCash Dividends PayableCommon StockNo Entry RequiredCash Dividends Payable Cash Dividends Payable Cash Dividends Payable
Stock dividends Common StockNo Entry RequiredPaid-In Capital in Excess of Par-Common StockStock DividendsStock Dividends DistributableStock Dividends Stock Dividends Stock Dividends
CashCommon StockNo Entry RequiredStock DividendsStock Dividends DistributableStock Dividends Distributable Stock Dividends Distributable Stock Dividends Distributable
CashCommon StockNo Entry RequiredPaid-In Capital in Excess of Par-Common StockStock DividendsPaid-In Capital in Excess of Par-Common Stock Paid-In Capital in Excess of Par-Common Stock Paid-In Capital in Excess of Par-Common Stock

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