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Common Stock, $30 par, 1,250,000 shares issued and outstanding $37,500,000 4% Preferred Stock, $50 par, 500,000 shares issued and outstanding cumulative and participating 6% $25,000,000
Common Stock, $30 par, 1,250,000 shares issued and outstanding $37,500,000 4% Preferred Stock, $50 par, 500,000 shares issued and outstanding cumulative and participating 6% $25,000,000 declared and paid the following dividends: 2010 $2,300,000 2011 $8,000,000 1. determine the amount of dividends per share on preferred and common stock for 2010 2. determine the amount of dividends per share on preferred and common stock for 2011
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