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The Dawson Corporation projects the following for the year 2014: Earnings before interest and taxes $35 million Interest expense $5 million Preferred stock dividends $4
The Dawson Corporation projects the following for the year 2014:
Earnings before interest and taxes $35 million
Interest expense $5 million
Preferred stock dividends $4 million
Common stock dividend payout ratio 30%
Common shares outstanding $2 million
Effective corporate income tax rate 40%
What is the expected common stock dividend per share for Dawson Corp. for 2014?
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