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dividends per share Dividends Per Share Lightfoot Inc., a software development rm, has stock outstanding as follows: 30,000 shares of cumulative preferred 4% stock, $25

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dividends per share

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Dividends Per Share Lightfoot Inc., a software development rm, has stock outstanding as follows: 30,000 shares of cumulative preferred 4% stock, $25 par, and 33,000 shares of $50 par common. During its rst four years of operations, the following amounts were distributed as dividends: rst year, $11,400; second year, $10,900: third year. $88,200; fourth year, $126,900. Calculate the dividends per share. on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in a given year, enter "0... 1st Year 2nd Year 3rd Year 4th Year Preferred stock {dividend per share) $:I $I I $I I $I I Common stock (dividend per share) $:I $I I $I I $I

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