The composition of stockholders' equity of A Opened Joint-Stock Company consists of follows:

1)Municipal administration - 5%,

2)EBRD - 35%,

3)hase - 20%, and

4)Other stockholders - 40%,

including the stockholder Mr. T - 9%.

Additional required information provided by the CFO is represented below:

The authorized capital was declared at $10,000,000 by 04/01/2016 and first issuing was registered at $7,500,000 under the par value of one stock at - $100;

On the date of 01/01/2017 the equity was planned to be increased due to additional issuing at $2,250,000;

Corporate tax rate is 10%, and other taxes at 18.25% charged, and

The annual net profit was determined at $2,000,000 by 01/01/2017.

Market value of 1 stock on 12/01/2017 has been estimated by financial analysts as $115.

1)Please, provide the completed calculations of dividends should be distributed among all registered stockholders on a date of 05/15/2017, and for Mr. T especially,

2)Estimate the total income to be earned on 12/01/2017, if Mr. T will invest $750,000 to stocks of A, OJSC at the beginning of December of 2017.

3)Describe each step of your calculations.

25% of net profit should be distributed for Dividends payments.

Dividend is distributing per 1 common stock paid-in, and in accordance with the current share of stockholder in Equity of Joint-Stock Company.

Dividend Yield is determined as ratio between the actually paid dividends per 1 common stock and Current Market value of 1 stock listed (i.e., on secondary financial market, or stock exchange/OTC market).