Common stock dividends payable
Stock Dividend is the dividend declared from the profits of the company which is discharged by the company by issuing additional shares to the shareholders of the company rather than paying such amount in cash and generally company opts for stock dividend payout when there is a shortage of cash in the company. Dividends payable are dividends that a company's board of directors has declared to be payable to its shareholders . Until such time as the company actually pays the shareholders, the cash amount of the dividend is recorded within a dividends payable account as a current liability . For exa