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Dividends Per Share Oceanic Company has 15,000 shares of cumulative preferred 3% stock, $150 par and 50,000 shares of $5 par common stock. The following

Dividends Per Share

Oceanic Company has 15,000 shares of cumulative preferred 3% stock, $150 par and 50,000 shares of $5 par common stock. The following amounts were distributed as dividends:

20Y1 $101,300
20Y2 33,800
20Y3 202,500

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 '0'.

Preferred Stock (dividends per share) Common Stock (dividends per share)
20Y1
20Y2
20Y3

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