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Overview of Capital Stock and Dividend Policies

Company Name (D) | August 25, 2025

By Ethan Davis

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The authorized capital stock of the company is 1.77 billion shares as of August 25, 2025, consisting of 20 million preferred shares and 1.75 billion common shares.

Approximately 853 million common shares and 1 million preferred shares were issued and outstanding as of August 22 and 25, 2025, respectively.

Common shares are listed on the NYSE under the ticker symbol 'D' and may receive dividends based on board declaration.

Authorized Stock

1.77 billion shares authorized, including 20 million preferred shares and 1.75 billion common shares.

Dividend Policy

Common shareholders receive dividends upon board declaration, which may vary in form (cash, stock, etc.).

Voting Rights

Each common share has one vote, with no cumulative voting rights for common shareholders.

  • The existence of authorized but unissued shares may influence corporate decisions and strategic initiatives.
  • Preferred stock issuance could impact control dynamics and dividend distributions between common and preferred shareholders.

In conclusion, the capital stock structure and dividend policies highlight the company's financial framework and shareholder benefits.