Determine the dividends per share for common stock

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Question - Dividends Per Share - Oceanic Company has 25,000 shares of cumulative preferred 2% stock, $100 par and 50,000 shares of $30 par common stock. The following amounts were distributed as dividends:

20Y1 $125,000

20Y2 40,000

20Y3 150,000

Required - 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 '0'.

Reference no: EM133020646

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