Increase/Decrease Stock - Stock Dividends is a legal document that was released by the Arkansas State Bank Department - a government authority operating within Arkansas.
Q: What is a stock dividend?
A: A stock dividend is a distribution of additional shares of stock to existing shareholders.
Q: How does a stock dividend affect the value of a stock?
A: A stock dividend does not affect the value of a stock, but it increases the number of shares owned by each shareholder.
Q: Why do companies issue stock dividends?
A: Companies may issue stock dividends to reward shareholders, to conserve cash, or to decrease the price per share.
Q: Does Arkansas tax stock dividends?
A: Yes, Arkansas taxes stock dividends as regular income.
Q: What is the tax rate on stock dividends in Arkansas?
A: The tax rate on stock dividends in Arkansas varies based on the individual's income tax bracket.
Form Details:
Download a printable version of the form by clicking the link below or browse more documents and templates provided by the Arkansas State Bank Department.