Question
An annual dividend of $$22.322.3 for 20192019 has just been announced by the CEO of Thats The Way You Live Your Life , D.S. Sicko.
An annual dividend of $$22.322.3 for 20192019 has just been announced by the CEO of Thats The Way You Live Your Life, D.S. Sicko. The firm is paying out 40.040.0% of its 20192019 earnings with that dividend.
D.S. Sicko announces that firm has earned a return of 12.212.2% on the retained earnings it reinvested in new projects since last years 20182018 dividend, where it paid out 67.167.1% of that years earnings.
What is the dividend per share that was paid out in 20182018? (Round to the nearest cent)
The dividend per share that was paid out in 20182018 is $$ (Round your answer to the nearest cent)
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