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Dividends Declared RecomputeShares Outstanding x Dividend per Share

What do these figures come to once the work is shown?

Dividends from shares issued less treasury shares, the dividend per share and the number of declarations, against dividends recorded.

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Your figures
Example figuresIllustrative only. Type over them with your own.
Break (recorded less recomputed)
$0
Recorded dividends less the recompute
Shares outstanding at the record date
12,100,000.00
Recomputed dividends
$8,712,000
Drawn to one scale
Recomputed dividends$8,712,000
Recorded amount$8,712,000
Break (recorded less recomputed)$0
All results
MeasureResult
Shares outstanding at the record date12,100,000.00
Recomputed dividends$8,712,000
Recorded amount$8,712,000
Break (recorded less recomputed)
Agrees
$0
How this was worked out
Work shownrecomputed as you type
Shares outstanding = shares issued - treasury shares
Dividends = shares outstanding x dividend per share x declarations

Illustrative arithmetic on the figures you enter. Check the result against your firm's methodology before relying on it.

The formulas

  • Shares outstanding = shares issued - treasury shares
  • Dividends = shares outstanding x dividend per share x declarations

How it works

Dividends are declared by the board on shares outstanding at the record date. Treasury shares receive no dividend. Agree the dividend per share and record date to board minutes, and the shares to the transfer agent's records.

When outstanding shares change between declarations, run each declaration separately and add them. The liability is recorded at declaration and settled at payment, so a declaration near year end leaves a dividend payable.

Illustrative figures only. Check the result against your firm's methodology before relying on it.

Common questions

Do unvested restricted shares receive dividends?

It depends on the award terms. Some pay dividends currently, some accrue them, and some pay none. Read the plan.

How are preferred dividends handled?

Recompute them separately from the stated rate and par or liquidation value, including any arrears on cumulative shares.

What about stock dividends?

They move amounts within equity rather than paying cash, and are recomputed from shares issued and the value used.

Formulas on this page are the standard definitions.

Runs in your browser. The figures you type are not sent to CORAA or stored. Check the result against your firm's methodology before relying on it.

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