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The shareholder's equity section of Dantantia Inc.'s balance sheet on January 1, 2020, contained the following information. No new shares were issued during the year.

The shareholder's equity section of Dantantia Inc.'s balance sheet on January 1, 2020, contained the following information. No new shares were issued during the year.

Common shares, unlimited shares authorized, 47,200 shares issued and outstanding $472,000
Preferred shares, $5, cumulative, 100,000 authorized, 3,900 issued and outstanding $335,400
Retained Earnings $289,526

On December 31, 2020, the company declared and paid dividends of $83,600. Net income after tax for the year was $236,600. Dividends were last declared in 2018. No shares were issued or redeemed during the year. Currently, the market price of Dantantia Inc.'s common shares is $7.25 per share.

Dividends due to preferred shareholders
Earnings per share
Dividend yield %
Retained Earnings, December 31, 2020
Price Earnings Ratio

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