A corporation has $1,260,000 to distribute in dividends and did not distribute dividends the previous year. There are 50,000 shares of cumulative preferred stock that earn dividends at $0.52 per share and 900,000 shares of common stock. How much per share does a common stockholder receive in dividends? A common stockholder receives $ per share. (Round to the nearest cent as needed.) A corporation has $1,260,000 to distribute in dividends and did not distribute dividends the previous year. There are 50,000 shares of cumulative preferred stock that earn dividends at $0.52 per share and 900,000 shares of common stock. How much per share does a common stockholder receive in dividends? A common stockholder receives $ per share. (Round to the nearest cent as needed.)