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On May 31 XYZ Company declared a $0.25 per share cash dividend to be paid on June 15 to shareholders of record on June 10.
On May 31 XYZ Company declared a $0.25 per share cash dividend to be paid on June 15 to shareholders of record on June 10. There were 100,000 shares of common stock authorized, 45,000 issued and 40,000 outstanding
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