Preferred and common shares, Corporate Finance

Suppose cabela has 2 classes of shares. Preferred and common, Cabela has 2000 shares of preferred, 4000 shares of common outstanding shares. The preferred class is 7% cumulative preferred stock , 60$ par. End of 2013 Cabela wants to pay a dividend to both preferred and common shareholders. The companys board of directors has declared funds of 34600 available for dividends. Suppose Cabela pays out All of those declared funds as dividends both to preferred and common shareholders. Present both the total dividends paid to both preferred and common shareholders and the dividends per share paid for each class of shares end of 2013.
Posted Date: 3/31/2013 2:53:12 PM | Location : Canada







Related Discussions:- Preferred and common shares, Assignment Help, Ask Question on Preferred and common shares, Get Answer, Expert's Help, Preferred and common shares Discussions

Write discussion on Preferred and common shares
Your posts are moderated
Related Questions
In the apparel industry, three prominent developments contribute to the complexity of forecasting: shortening product life-cycles, increasing product variety, and globalization of

Explain what caused "the long boom" in the U.S. and world economy from the early 1980s to its peak in 2006.  Make sure to mention, with a few key facts in each case, the role playe

hook industries is considering the replacement of one of its old drill presses. three alternatives replacement presses are under consideration. the relevant cash flows associated w

Question: (a) Describe the essential characteristics of money. (b) Keynes identified three motives for holding balances of money. (i) What are these three motives?

Question: (a) Describe why the discount rate equals opportunity cost of capital? (b) "Nominal rate less inflation rate is equal to real rate of return" - Is it true? Why or

Data:  RF = 4%      Market Risk Premium = 6% GeKay Inc. is an all-equity firmwith an equity beta of 0.4 and yearly EBIT of $1,000,000 that is expected to continue "forever" (in

I have a Finance project due and I was wondering if I could get some help with it? Please advise. Thanks..

A firm announces its intent to undertake a levered recapitalization, issuing debt to repurchase a fraction of the outstanding common stock. Upon the announcement, its stock price

PROBLEM 1 A friend of yours, employed as a Tier 2 field service representative for a telephony corporation, wants your help as a financial specialist to determine the financial co

Question: (a) The Mauritius Automated Clearing and Settlement System (MACSS) is the Mauritian Real-time Gross Settlement (RTGS) system. (i) Define the term gross settlement