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arks People Window Help and from signment/takeAssignmentMain.do?invoker-&takeAssignmentSessionLocator assignment-take&inprogre Dividend Yield Ratio, Dividend Payout Ratio Rebert Inc. showed the following balances for last year: anuary 1December

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arks People Window Help and from signment/takeAssignmentMain.do?invoker-&takeAssignmentSessionLocator assignment-take&inprogre Dividend Yield Ratio, Dividend Payout Ratio Rebert Inc. showed the following balances for last year: anuary 1December 31 Stockholders' equity: $4,000,000 3,000,000 4,800,000 4,000,000 $ 4,000,000 3,000,000 4,800,000 4,250,000 $16,050,000 Preferred stock, $100 par, 8% Common stock, $3 par Additional paid-in capital Retained earnings Total stockholders' equity For common stock only. Rebert's net income for last year was $4,032,000. Also, assume that the dividends paid to common stockholders for last year were $2,600,000 and that the market price per share of common stock is $51.50. Required: 1. Compute the dividends per share. Round to two decimal places. 15,800,000 $16 per share 82

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