The Cheesecake Factory Incorporated (NASDAQ: CAKE) is publicly held and had more than 97 million common shares authorized, but only about 44 million shares outstanding as of the end of the 2019 fiscal year. The company has preferred stock authorized but did not have any preferred stock issued. During fiscal year 2019, The Cheesecake Factory declared and paid cash dividends of $ 1.38 per share, totaling approximately $ 60.7 million. During that same year, it purchased 1 comma 124 comma 493 shares of its own common stock at an approximate cost of $ 50 comma 982 comma 000. What impact, if any, would the cash dividend have had on The Cheesecake Factory's assets