Stock
Register
Stock
Types
Purpose: To track dividends and provide cumulative
information for stock transactions and other stock related information.
Overview: The top left of the page is a cumulative source of information for the
stock transactions entered on the ‘Enter Transactions’ page. The lower left portion of the page contains
the total authorized shares of common and preferred stock which is listed in
the Articles of Incorporation and/or bylaws and is used in many of the stock
related documents generated by the application. The right side of the page is used to track
stock dividends and hold the par value of stock.
Related Information:
1. Adding a Dividend Record
- use the Add Dividend
Record button on the form
2. Deleting a Dividend Record
- use the Delete Dividend
Record button on the form
3. Modifying a Dividend Record
- Use Standard Toolbar SAVE
button
or REVERT
button or
- use the SAVE or REVERT
option on the File menu
4. Record Navigation
Use the scroll bars on the Dates of Dividends list box to navigate
through the list of dates that dividends were issued. Select a date to view the related data.
5. Reports The following reports are
accessible from the Reports option on the main menu. While moving from one
form to another the report options change.
- Details for Selected
Transaction
- Stockholders for Selected Company
- Ledger for
Selected Company
All Companies by Company
All Companies by Buyer
All Companies by Seller
All Companies by Date
- Stock Types for
Selected Company
For All Companies by Company
- Dividend
Dividends for Selected
Company
Dividends for All Companies
Common Shares Outstanding: This field is automatically calculated by the application. It is a
total of all common shares initially offered by the corporation or LLC minus
any shares repurchased by the corporation or LLC which are known as Treasury Stock.
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Preferred ShareThis field is automatically calculated by the software.It is a total of all preferred share initially
offered minus any shares repurchased by the company.
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Options Outstanding This field is
automatically calculated by the software. It is a total of all the stock options committed to by the company. It
is usually the number of shares purchased and/or retained by the company to
be purchased by the holder of the stock option contracts in the future.
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Company Tabs: Use these tabs to
navigate through the companies in the database. As company names are selected the stock
related data for that company appears on the form. GO TOP
Voting Shares: Usually common shares are voting shares and preferred shares are not
but it can be advantageous for the company to make some common shares
non-voting shares. Usually the Articles of Incorporation or Bylaws state the
number of non-voting shares that are authorized.
Non Voting:Usually all of the preferred shares are non-voting shares
while common shares are voting share but this is not always the case.The Articles of Incorporation or Bylaws
state the number of non-voting shares that are authorized.
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Pages :A second set of tabs under the Company tabs that are used to move
through the functional areas of the Stock Register. The areas include: 1.) Enter Transactions,
2.) Stock Transfer Ledger, 3.) Shareholders, and 4.) Stock Types and
Dividends.
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Dates of Divedends: A list of all the dates that dividends were distributed
for the selected company. It is all
the dividend dates in the dividend table for the selected company.
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Modify Dividend Date Click on a date in
the Dates of Dividend list to modify the date in this textbox.
Total Dividends The total amount
of money that is distributed to shareholders for the selected distribution of
dividends.
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Dividend Share: This field is automatically calculated but
it can be changed. It is the total
dividends divided by the total number of common shares. (This version of the application only calculates
dividends per share for common stock.)
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Delete Dividend: Select the date of
the dividend to be deleted in the Dates of Dividends list. Press the Delete key and the selected dividend
record is deleted.
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Par Value: Enter the par
value for the selected company. The
par value of common stock is an amount arbitrarily assigned in the charter to
one share of stock and printed on the stock certificates.The par value represents the legal capital
per share. There can be no dividend
declared that would cause the stockholders’ equity to go below the par value
of the outstanding shares. Par value
may be a minimum cushion of equity capital existing for creditor
protection. It is usually
significantly lower than the market price per share.
Press this button
to add a new dividend record for the selected company. Blank textboxes appear so you can enter
data.
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Common Shares Authorized: Also known as the Authorized
Capital Stock which is the maximum number of shares of common stock that can
be issued under a company’s Articles of Incorporation. If a public issue of stock is involved, the
SEC and the state of incorporation must approve it. Issued shares are usually less than the
authorized shares.
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Preferred Shares: The number of
preferred shares currently authorized. Preferred stock is a class of capital stock (common and preferred are
capital stock) that has preference over common stock in the event of
liquidation and in the distribution of earnings. Preferred shares typically
do not have voting right.
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Initialization Capital: The total amount
of capital initially invested to start the company.
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Adding A Dividend Record: The Add button on the standard toolbar is
not enabled on this page. To add a dividend
record press the Add Dividend button and a new dividend record is created for
the selected company. Blank textboxes
appear so you can enter data.
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Deleting
A Dividend Record: The delete button
on the standard toolbar is not enabled for this page. To delete a dividend record press the
Delete Dividend button and the selected dividend record is deleted.
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Modifying A
Dividend Record: Select the date of the dividend to be
modified. The record appears
in the text boxes so the data can be changed.
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