Inmann SE has 2,000 7 , 100 par value preference shares outstanding at December 31, 2017 At December 31, 2017, the company declared a 110,000 cash dividend Determine the dividend paid to preference shareholders and ordinary shareholders under each of the following scenarios 1 The preference shares ...

1 The company has not missed past dividends and the preference shares are noncumu ...

Inmann SE has 2,000 7%, 100 par value preference shares outstanding at December 31, 2017. At December

Question:

Inmann SE has 2,000 7%, €100 preference shares outstanding at December 31, 2017. At December 31, 2017, the company declared a €110,000 cash Determine the paid to preference shareholders and ordinary shareholders under each of the following scenarios.
1. The preference shares are non-cumulative, and the company has not missed any dividends in previous years.
2. The preference shares are non-cumulative, and the company did not pay a in each of the two previous years.
3. The preference shares are cumulative, and the company did not pay a in each of the two previous years.
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their... Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...