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ABC has sales of $776293.87, costs of $526079.70, depreciation expense of $31633.20, interest expense of $38875.69, and a tax rate of 35.34 percent. Further ABC

image text in transcribed ABC has sales of $776293.87, costs of $526079.70, depreciation expense of $31633.20, interest expense of $38875.69, and a tax rate of 35.34 percent. Further ABC 's payout rate is 55.73 percent and ABC has 85125 shares of common stock outstanding. What are the dividends per share? (Do NOT include the \$ sign. Round your final answer to 2 decimal places, e.g. 110.10)

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