Assume a company provided the following information:

Earnings per share $ $1\mathrm{.}20$

Number of common shares outstanding, beginning of the year $45,000$

Number of common shares outstanding, end of the year $55,000$

Price$-$earnings ratio $12\mathrm{.}50$

Dividend yield ratio $4\%$

The dividend per share is closest to:

Multiple Choice

$$1\mathrm{.}10.$

$$0\mathrm{.}90.$

$$1\mathrm{.}20.$

$$0\mathrm{.}60.$