STOCK COMMON
STOCK COMMON
Can dividends payable be worth more than par value of COMMON STOCK?
Can dividends be worth more than par value of common stock? If so, how would you journalize an entry like that?
Can a real person please answer me? i don't want any of these advertising websites. thank you.
Yes. I believe there is no relationship between dividends and the par value of a common stock. In fact, par value is meaningless on 99% of all stocks. It might have some meaning on IPO's (Initial Public Offerings) in a new company.
Look up Par value on the internet
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