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Saved Week 7 Problem 17-6 Dividend per Share (LG17-2) Suppose a firm has a retention ratio of 40 percent, net income of $35.2 million, and

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Saved Week 7 Problem 17-6 Dividend per Share (LG17-2) Suppose a firm has a retention ratio of 40 percent, net income of $35.2 million, and 150 million shares outstanding. What would be the dividend per share paid out on the firm's stock? (Round your answer to 2 decimal places.) Dividend per share 5 of 10

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