At Westonci.ca, we connect you with the answers you need, thanks to our active and informed community. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.
Sagot :
The correct answer for chevron pay in cash dividends to common shareholders during the first nine months of 2013 is 5572144100 dollors .
The dividend paid by Chevron foe 9 months of 2013 is $ 5572 millions.
Calculation:
No. Of outstanding shares = 1,921,429,000
Dividend per share = $2.9
Dividend paid = No. of outstanding shares * dividend per share
= 1,921,429,000 * 2.9
= $5,572,144,100
A dividend is a payment made to shareholders in exchange for their investment in a company's equity, and it is usually derived from the company's net profits. When a cash dividend is paid, the funds are transferred to a liability account known as dividends payable.
When the company makes the payment on the dividend payment date, which is usually a few weeks after the ex-dividend date, this liability is removed. Cash dividends and tick dividends have no effect on a company's net income or profit.
Learn more about divident pay here :-
https://brainly.com/question/4710889
#SPJ4
Thanks for using our service. We aim to provide the most accurate answers for all your queries. Visit us again for more insights. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.
