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M.Halimeh Company reports the following information for the year 2015: - Earning before interest and Taxes = $200,000 - Total Liabilities $800,000, out of which

M.Halimeh Company reports the following information for the year 2015:

- Earning before interest and Taxes = $200,000

- Total Liabilities $800,000, out of which $200,000 for accounts payable.

- Average tax rate 20%

- Interest rate 10%

- Preferred stocks (5%,$100 par,5,000 shares issued)

- 200,000 shares of common stocks outstanding

- Retention Ratio of 40%

Calculate the firms dividend per share?

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