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Dividends Per Share Seacrest Company has 10,000 shares of cumulative preferred 3% stock $50 par and 50,000 shares of $20 par common stock. The following
Dividends Per Share Seacrest Company has 10,000 shares of cumulative preferred 3% stock $50 par and 50,000 shares of $20 par common stock. The following amounts were distributed as dividends 201 2012 2013 $37,500 6,000 45,000 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 2011 2012 Preferred Stock (dividends per share) 1.50 Common Stock (dividends per share) 0.45 0.00 2013 YO My Work Determine what amount of current dividends that preferred stock should receive per yeac 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 dass of stock
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