{"data":{"id":"us-de/3-del.-c.-8532","jurisdiction":"us-de","citation":"3 Del. C. § 8532","heading":"Dividends on stock.","body":"Dividends on the common stock shall be paid only after dividends are paid on the preferred stock, and the required surplus fund set aside, and shall be not greater than 6 percent per annum, except as provided in this chapter. Dividends on preferred stock shall be not greater than 12 percent per annum and shall be cumulative.","path":["Title 3. Agriculture","Cooperative Agricultural Associations or Corporations","CHAPTER 85. Corporation Law for Cooperative Agricultural Associations","Subchapter III. Stock and Stockholders; Financial Operations"],"source_url":"https://delcode.delaware.gov/title3/c085/sc03/index.html#8532","current_through":"2026-08-10 (85 Del. Laws, c. 421, 424)","vintage":"","retrieved_at":"2026-09-05T23:02:04Z","sha256":"204a28ede6b545002c802d0f196be9e113510424b6bc633c20368fc08114567c","source_id":"us-de","stale":true,"prev":"us-de/3-del.-c.-8531","next":"us-de/3-del.-c.-8533"},"notice":"GroundRules: Original legal text. Not legal advice."}