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(a) The ABC Corporation has paid dividends on common stock (ordinary shares) over the five years as follows: Year 2008 2009 2010 2011 2012 Dividends
(a) The ABC Corporation has paid dividends on common stock (ordinary shares) over the five years as follows: Year 2008 2009 2010 2011 2012 Dividends $3,000 3,100 3,200 3,300 3,500 Earnings $5,000 5,100 4,500 5,400 5,500 During this five-year period, there were 1,000 common shares outstanding. (i). What are the dividends per share for each year? (5 marks) (ii). What is the dividend payout for each year
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