The following information is related to PQR company and XYZ company for the year 2013:

	PQR Company	XYZ Company
Cash dividend declared and paid during the year	750,000	124,800
Common stock	25,000,000	12,000,000
Number of shares of common stock outstanding	50,000	24,000
Par value of a share	50	50
Market value of a share	60	52

Both the companies belong to same industry. PQR is an old and well-established company where as XYZ is a new company. The historical data shows that the PQR has a stable annual dividend distribution to stockholders.