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Shareholders' Equity
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3 Months Ended |
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Mar. 31, 2015
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| Shareholders' Equity | |
| Shareholders' Equity |
Note 4 Shareholders Equity
Preferred Stock
The Companys charter authorizes the issuance of 100,000,000 shares of preferred stock, par value $0.001 per share. As of March 31, 2015 and December 31, 2014, no shares of preferred stock were issued and outstanding.
Common Stock
The Company has 500,000,000 of authorized shares of common stock, $0.001 par value. As of March 31, 2015 and December 31, 2014, there were 250,000 outstanding common shares.
On January 21, 2015, the Company declared a dividend of $0.0852 per share payable to the holders of its common stock of record at the close of business February 2, 2015. Dividends shall be paid no later than the 20th day of the following month subject to compliance with applicable provisions of the Maryland General Corporation Law. The aggregate amount of the dividend was $21,300.
On February 19, 2015, the Company declared a dividend of $0.0852 per share payable to the holders of its common stock of record at the close of business March 2, 2015. Dividends shall be paid no later than the 20th day of the following month subject to compliance with applicable provisions of the Maryland General Corporation Law. The aggregate amount of the dividend was $21,300.
On March 19, 2015, the Company declared a dividend of $0.0852 per share payable to the holders of its common stock of record at the close of business March 30, 2015. Dividends shall be paid no later than the 20th day of the following month subject to compliance with applicable provisions of the Maryland General Corporation Law. The aggregate amount of the dividend was $21,300.
During the three months ended March 31, 2015 the Company paid total dividends to holders of its common stock of $63,900. |