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Business, 31.10.2019 06:31 885122bah

Weaver corporation had the following stock issued and outstanding at january 1, year 1: 150,000 shares of $1 par common stock. 15,000 shares of $100 par, 6 percent, noncumulative preferred stock. on june 10, weaver corporation declared the annual cash dividend on its 15,000 shares of preferred stock and a $0.50 per share dividend for the common shareholders. the dividends will be paid on july 1 to the shareholders of record on june 20.

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