Dividends Per Share Oceanic Company has 15,000 shares of cumulative preferred 1% stock, $150 par and 50,000 shares of $25 par common stock. The following amounts were distributed as dividends: 20Y1 $45,000 20Y2 11,300 20Y3 67,500 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 'O'. Preferred Stock (dividends per share) Common Stock (dividends per share) 20Y1 1.5 $ 0.45 20Y2 0.75 $ o 20Y3 2.25 0 X Feedback 1 Check My Work Previous Next