HOUSTON - The oldest surviving artificial Earth satellite, Vanguard 1, turned 50 years old on Monday â and continued to turn in its orbit, just as it has done since its launch at the dawn of the Space Age. The craft is in a high orbit that promises to be stable for centuries.
Companies use dividends to pass on their profits directly to their shareholders. Most often, the dividend comes in the form of cash: a company will pay a small percentage of its profits to the owner of each share of stock. However, it is not unheard of for companies to pay dividends in the form of stock.
Answers. Best Answer: its nothing. Dividends are paid out of retained earnings, so when the books are closed, you will the credit the stock dividend account and debit retained earnings. Its kind of like a temporary holding account that is used when dividends are declared. You will Never see a dividends or stock dividends account on any financial statement!!!! Now you will see a dividends payable account as a liability, but like I said, the dividend accounts get closed out to retained earnings!!!