The correct answer for chevron pay in cash dividends to common shareholders during the first nine months of 2013 is 5572144100 dollors .
The dividend paid by Chevron foe 9 months of 2013 is $ 5572 millions.
Calculation:
No. Of outstanding shares = 1,921,429,000
Dividend per share = $2.9
Dividend paid = No. of outstanding shares * dividend per share
= 1,921,429,000 * 2.9
= $5,572,144,100
A dividend is a payment made to shareholders in exchange for their investment in a company's equity, and it is usually derived from the company's net profits. When a cash dividend is paid, the funds are transferred to a liability account known as dividends payable.
When the company makes the payment on the dividend payment date, which is usually a few weeks after the ex-dividend date, this liability is removed. Cash dividends and tick dividends have no effect on a company's net income or profit.
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