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Sunny Company has 5 0 , 0 0 0 shares of $ 1 0 0 par value, 4 % cumulative preferred stock and 1 5

Sunny Company has 50,000 shares of $100 par value, 4% cumulative preferred stock and 150,000 shares of $10 par
value common stock. In 2021, the company declares and pays cash dividends amounting to $870,000. If no dividends
were paid for the past two years, what is the dividends per share is paid to the common stockholders in 2021(rounded)?
  

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