Dividends Per Share

Lightfoot Inc., a software development firm, has stock outstanding as follows: 25,000 shares of cumulative preferred 3% stock, $25 par, and 31,000 shares of $50 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $7,250; second year, $11,750; third year, $62,050; fourth year, $103,070.

Calculate the dividend 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, leave it blank.

	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)	$fill in the blank 5	$fill in the blank 6	$fill in the blank 7	$fill in the blank 8