Assume the following shares outstanding : Preferred stock, 6% , Tk. 50 per value, cumulative, 1000 shares with dividends in arrears 3 years, for 20-1, 20-2 and 20-3. Common stock, Tk. 100 per value, 2000 shares. Total dividends declared in 20-4 were Tk. 50,000. The total amount of dividends to which common stockholders are entitled is :

A Tk. 62000
B Tk. 50000
C Tk. 45000
D Tk. 38000

Correct Answer: Tk. 50000

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#অর্থনীতি #Janata Bank Ltd #Janata Bank Ltd - Executive Officer - 26.06.2015

Related Questions

Karnaphuli Company paid out Tk. 2.30 in dividends per share during 2010. The market price of the stock on December 31,2010 was Tk. 21.00 per share. There were 15,000 shares of stock outstanding for the entire year. The dividend yield as of December 31, 2010 was :
A 16.43%
B 10.95%
C 9.13%
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