Dividend Per Share Castillo Nutrition Company has 14,000 shares of cumulative preferred 1% stock, $130 par,...
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Dividend Per Share Castillo Nutrition Company has 14,000 shares of cumulative preferred 1% stock, $130 par, and 70,000 shares of $5 par common stock. The following amounts were distributed as dividends: Year 1 Year 2 Year 3 $35,000 6,300 80,500 Determine the dividend per share for preferred and common stock for each year. If an amount box does not require an entry, leave it blank. Round all answers to two decimal places. Year 1 Year 2 Year 3 Preferred stock (Dividend per share) Common stock (Dividend per share) Dividend Per Share Castillo Nutrition Company has 14,000 shares of cumulative preferred 1% stock, $130 par, and 70,000 shares of $5 par common stock. The following amounts were distributed as dividends: Year 1 Year 2 Year 3 $35,000 6,300 80,500 Determine the dividend per share for preferred and common stock for each year. If an amount box does not require an entry, leave it blank. Round all answers to two decimal places. Year 1 Year 2 Year 3 Preferred stock (Dividend per share) Common stock (Dividend per share)
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