Dividends Per Share Oceanic Company has 15,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $10 par common stock. The following amounts were
distributed as dividends:
2011
$37,500
2012
6,000
2013
45,000
Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter 'o'.
Preferred Stock
(dividends per share) (dividends per share)
Common Stock
2011
1
0.45
2012
0.4
0
X
3
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