What is the dollar value of a 30% stock dividend on the given facts? Your Corporation is authorized to issue 500,000 shares of $9.00 par value common stock. At the end of 2022, the company decides to issue a stock dividend. At that time, the market price of the stock was $12 per share. Book value was $15. Prior to the dividend, the stockholders' equity accounts report the following balances: Common stock, $9 par, 500,000 shares authorized, 53,000 shares issued and 50,000 outstanding