Computing Dividends for an Actual Company
A recent annual report for Halliburton Company contained the following information (in millions of ‘i®^’ dollars):
Stockholders’ Equity |
|
|
Common stock, par value $2.50, authorized 2,000 shares | $ 298.3 | $ 298.4 |
Paid-in capital in excess of par | 130.5 | 129.9 |
Retained earnings | 2.080.8 | 2,052.3 |
Less 12.8 and 13.0 treasury stock, at cost | 382.2 | 384.7 |
In the current year, Halliburton declared and paid cash dividends of $1 per share. What would be the total amount of dividends declared and paid if they had been based on the amount of stock outstanding at the end of the year?
We need at least 10 more requests to produce the solution.
0 / 10 have requested this problem solution
The more requests, the faster the answer.