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Dividends per share Oceanic Company has 1 0 , 0 0 0 shares of cumulative preferred 2 % stock, $ 1 5 0 par and
Dividends per share
Oceanic Company has shares of cumulative preferred stock, $ par and shares of $ par common stock. The following amounts were distributed as
dividends:
Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter
Determine what amount of current dividends that preferred stock should receive per year.
Keep in mind that the question is asking for a dividend per share for each year and class of stock, rather than the total amount to be distributed to each class of
stock.
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