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Corner Cafe is estimating the value of its securities and was able to gather the following information: Current year dividends amounted to Php6.00 per share

Corner Cafe is estimating the value of its securities and was able to gather the following information:

Current year dividends amounted to Php6.00 per share Net income of the company during the year amounted to Php750,000 Total outstanding shares of the company is at 100,000 shares Net assets of the company as of the end of the year is at Php2,500,000 Corner Cafe's current shares trade at Php80.00 per share What is the expected dividend of Corner Cafe next year?

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