Zero Percent Interest Loans: As a way to say thank you for joining CCS, a zero percent interest loan will be available for up to $2000.00 for new teachers with a signed agreement of repayment. For more details, please contact Human Resources 910-678-2310.
A: Common stock receives an equal part of the profits on each share to be distributed after all other obligations of a company have been satisfied.
These events are usually non-taxable, but change the number of shares you own and the basis of those shares. A stock dividend is generally declared in terms of a percentage. For example, in a 5% stock dividend, you will receive one additional share for every 20 shares you already own. A stock split is usually declared as a fraction. In a 2-for-1 split, you receive one additional share for every share you own (so that you end up owning two shares for every one you owned before the split).