Stock Dividends
- Notice that total stockholder’s equity remains the same: Balance sheet total shareowner equity:
C/S $13,200
Add’l Pd. Cap. 5,400
RE 18,200
Total $36,800
Suppose you started with 50 shares:
Book value:
was: 50 shares x $61.83 = $3,067
now: 55 shares x $55.76 = $3,067