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Dividends per Share Consider the following financial statement data for Hi-Tech Instruments: * $25.00 par value; 2,000,000 shares Calculate the company's dividend paid per share

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Dividends per Share Consider the following financial statement data for Hi-Tech Instruments: * $25.00 par value; 2,000,000 shares Calculate the company's dividend paid per share of common stock. What was the dividend payout ratio? Note: Round answers to one decimal place, when appropriate (example: 0.0345555=3.5% )

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