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The year-end 2016 balance sheet for Brads Copy, Inc. lists common stock ($1.25par value) at $7,626,000 capital surplus at $86,543,126 and retained earnings at $218,546,280.
The year-end 2016 balance sheet for Brads Copy, Inc. lists common stock ($1.25par value) at $7,626,000 capital surplus at $86,543,126 and retained earnings at $218,546,280. On the 2015 year-end balance sheet, retained earnings islisted as $214,368,900. The firms net income in 2016 was $12,050,120. No stock was issued or repurchased in 2016. What were dividends per share paid by the firm in 2016(rounded to the nearest cent)?
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