HOUSTON - The oldest surviving artificial Earth satellite, Vanguard 1, turned 50 years old on Monday â and continued to turn in its orbit, just as it has done since its launch at the dawn of the Space Age. The craft is in a high orbit that promises to be stable for centuries.
Companies use dividends to pass on their profits directly to their shareholders. Most often, the dividend comes in the form of cash: a company will pay a small percentage of its profits to the owner of each share of stock. However, it is not unheard of for companies to pay dividends in the form of stock.
Total dividends. $2,000. Preferred stockholders would receive cash dividends of $1.60 per share ($1,600 dividends / 1,000 shares = $1.60) before dividends would be paid to common stockholders. Thus, the preferred stockholders would receive last year's and this year's dividends.ividends payable. The cash dividend payment reduces the company's resources (assets) as the cash flows out to owners. The company's sources of resources (liabilities) decrease by $2,000 because the company no longer owes them the $2,000 once the dividends are paid.