On October 26, 2016, the Board of Directors of The Cheesecake Factory Incorporated (NASDAQ: CAKE) declared …”a quarterly cash dividend of $0.24 per share on the company’s common stock. The dividend is payable on November 22, 2016 to shareholders of record at the close of business on November 9, 2016” (source: News Release, 10/26/2016, “The Cheesecake Factory Reports Results for […]
Continue reading
Tag Archives: stockholders’ equity
How did a cash dividend impact Lowe’s financial position?
November 3, 2016 
0 Comments
On November 2, 2016, Lowe’s Companies, Inc. (NYSE: LOW) paid a cash dividend of $0.35 per share to shareholders of record as of October 19, 2016. The Lowe’s Board of Directors declared this dividend on August 19, 2016. As of the end of Lowe’s 2015 year (January 29, 2016), Lowe’s had 910 million shares of […]
Continue readingHow will Toro account for its two-for-one stock split?
September 6, 2016 0 Comments
The Toro Company (TTC) is a manufacturer of lawn care products such as lawn mowers and irrigation systems. Toro’s brands include Toro, Lawn Genie, and Lawn-Boy. Toro’s fiscal year end is October 31. As of October 31, 2015, Toro had authorized 175,000,000 shares of common stock. As of this same date, it had 54,650,916 shares […]
Continue readingWhat is the impact on Snapchat’s balance sheet from its latest issuance of stock?
June 7, 2016 0 Comments
Snapchat is one of the fastest growing social media platforms with 16 to 24 year olds. Snapchat is privately-held, which means its stock cannot be purchased on a stock exchange. It may be getting ready for an IPO (initial public offering) sometime later in 2016 or 2017. In the meantime, Snapchat is obtaining funding for operations […]
Continue readingHow would Square’s IPO impact its balance sheet and income statement?
April 12, 2016 0 Comments
Square, Inc., is an electronics payment company. Its small credit card readers plug into smartphones, making it easy for sellers to accept credit and debit card payments. Jack Dorsey, the founder of Square and Twitter) is said to have been inspired to start Square in 2009 when a friend of his was unable to complete […]
Continue readingHow would Reverb, the online marketplace for musicians, record its issuance of $25 million of stock?
February 9, 2016 0 Comments
Started in 2013, Reverb is a company that provides an online marketplace for musicians to buy and sell gear. Its investors include country music superstar Brad Paisley and Rick Nielsen of Cheap Trick. Reverb can be thought of as the “Ebay for musicians.” The wide scope of the Ebay marketplace makes it hard at times […]
Continue readingWhat happens from an accounting standpoint when FNB Bancorp issues a stock dividend?
December 10, 2015 0 Comments
FNB Bancorp recently declared a stock dividend, according to a recent news release[1]: FNB Bancorp (OTCQB: FNBG), the holding company for First National Bank of Northern California, announced that its Board of Directors has declared a stock dividend of approximately 210,709 shares, payable at the rate of one share of Common Stock for every twenty (20) shares of […]
Continue readingWhat are the dates associated with Molson Coors Brewing Company’s dividend announcement?
December 3, 2015 0 Comments
On November 12, 2015, Molson Coors Brewing Company (TAP) released a dividend announcement. An excerpt from that news release is as follows: DENVER & MONTREAL–(BUSINESS WIRE)–Nov. 12, 2015–Molson Coors Brewing Company (NYSE: TAP) today declared a regular quarterly dividend on its … common shares of US $0.41 per share, payable December 15, 2015, to shareholders of record on November 30, 2015. Questions […]
Continue readingWhat does Kohl’s 2015 Form 10-K communicate about its stockholders’ equity?
April 14, 2015 2 Comments
Kohl’s Corporation (KSS) operates department stores in 49 states in the U.S. and has annual sales in excess of $18 billion. Its fiscal year ends on the Saturday closest to January 31 each year. Kohl’s has several line items comprising its stockholders’ equity. See the excerpts to follow from Kohl’s 2015 Form 10-K: its Consolidated […]
Continue readingWhat is the accounting impact of Dunkin’ Donuts’ dividend declaration?
March 31, 2015 0 Comments
Dunkin’ Brands (NASDAQ: DNKN) declared a dividend of $0.265 on February 5, 2015, to be paid on March 18, 2015, to shareholders of record as of the close of business on March 9, 2015. This dividend is a 15% increase over the prior quarter’s dividend. Questions On which date will Dunkin’ Brands record a liability […]
Continue reading
Accounting in the Headlines 