What was the amount of Stockholder dividends paid by Antioch Pizza Shop in 2023?
Antioch_Pizza_Shop Franchise · 2025 FDDAnswer from 2025 FDD Document
48 | 344,518 | | 131,403 | | Net income | $ | 218,330 | $ 35,383 | $ | 259,523 |
STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY
For the years ended December 31, 2024, 2023, and 2022
| Common Stock | Additional Paid-in | Retained | ||||||
|---|---|---|---|---|---|---|---|---|
| Shares | Amount | Capital | Earnings | Total | ||||
| Balances at January 1, 2021 | 1,000 | $ | 10 | $ | 6,810 | $ | 263,858 | $ 270,678 |
| Stockholder dividends | - | - | - | (430,179) | (430,179) | |||
| Net income | - | - | - | 259,523 | 259,523 | |||
| Balances at December 31, 2021 | 1,000 | 10 | 6,810 | 93,202 | 100,022 | |||
| Stockholder dividends | - | - | - | (85,889) | (85,889) | |||
| Net income | - | - | - | 35,383 | 35,383 | |||
| Balances at December 31, 2022 | 1,000 | 10 | 6,810 | 42,696 | 49,516 | |||
| Stockholder dividen |
Source: Item 21 — Financial Statements (FDD page 56)
What This Means (2025 FDD)
According to the 2025 FDD, Antioch Pizza Shop paid $85,889 in stockholder dividends during 2023. This figure is detailed in the Statements of Changes in Stockholders' Equity. Stockholder dividends represent a distribution of the company's retained earnings to its stockholders.
For a prospective franchisee, understanding stockholder dividends is crucial as it reflects the financial management and profitability of Antioch Pizza Shop. While dividends themselves don't directly impact a franchisee's day-to-day operations, they offer insight into how the company allocates its profits. A consistent dividend payout might suggest financial stability, but significant fluctuations could warrant further investigation.
It's important to note that dividend payments are at the discretion of the company's management and can vary from year to year based on financial performance and strategic decisions. Franchisees should consider this information in conjunction with other financial metrics, such as revenue growth, operating expenses, and net income, to gain a comprehensive understanding of Antioch Pizza Shop's financial health.
Reviewing the historical trends in dividend payments, as well as the factors influencing these decisions, can provide valuable context for assessing the long-term viability and potential returns of an Antioch Pizza Shop franchise. Prospective franchisees should discuss these figures with the franchisor to understand the rationale behind dividend decisions and how they align with the overall financial strategy of the company.