Question
Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 13,000 shares of cumulative preferred 1% stock, $110 par, and
Dividends Per Share
Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 13,000 shares of cumulative preferred 1% stock, $110 par, and 43,000 shares of $25 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $9,620; second year, $28,980; third year, $44,530; fourth year, $82,240.
Compute 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) | $fill in the blank 1 | $fill in the blank 2 | $fill in the blank 3 | $fill in the blank 4 |
Common stock (dividend per share) |
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