Cornerstone Exercise 10-32 (Algorithmic) Cash Dividends Dabrowski, Inc. issued 6,400 shares of common stock, all of the same class; 3,200 shares are…

Cash Dividends

Dabrowski, Inc. issued 6,400 shares of common stock, all of the same class; 3,200 shares are outstanding and 3,200 shares are held as treasury stock. On December 1, 2019, Dabrowski’s board of directors declares a cash dividend of $1.75 per share payable on December 15, 2019, to stockholders of record on December 10, 2019.