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Ollivander's Wand shop has 43,000 common shares outstanding and 12,000 non-cumulative preferred shares outstanding. The preferred shares have a stated dividend of $3.30 per share.
Ollivander's Wand shop has 43,000 common shares outstanding and 12,000 non-cumulative preferred shares outstanding. The preferred shares have a stated dividend of $3.30 per share.
For the following years, indicate the amount of dividend that will go to the preferred shareholders and the amount that will go to the common shareholders.
Year | Dividend declared |
2017 | $25,000 |
2018 | $79,000 |
2019 | $102,000 |
2020 | $12,000 |
2021 | $76,000 |
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