Table:
|  |  | Year Ended |  |
| --- | --- | --- | --- |
|  | April 26, 2019 | April 27, 2018 | April 28, 2017 |
| Dividends per share declared | $ 1.60 | $ 0.80 | $ 0.76 |
| Dividend payments allocated to additional paid-in capital | $ 403 | $ 106 | $ 88 |
| Dividend payments allocated to retained earnings (accumulated deficit) | $ — | $ 108 | $ 120 |
Paragraphs:
Dividends
The following is a summary of our fiscal 2019, 2018 and 2017 activities related to dividends on our common stock (in millions, except per share amounts).
On May 22, 2019, we declared a cash dividend of $0.48 per share of common stock, payable on July 24, 2019 to shareholders of record as of the close of business on July 5, 2019. The timing and amount of future dividends will depend on market conditions, corporate business and financial considerations and regulatory requirements. All dividends declared have been determined by the Company to be legally authorized under the laws of the state in which we are incorporated.
Question:
What did the company declare regarding dividends?
Answer: a cash dividend of $0.48 per share of common stock, payable on July 24, 2019 to shareholders of record as of the close of business on July 5, 2019.