Dollar dividend payment per share each quarter

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Reference no: EM13726303

Specialty Chemicals Company (SCC) pays out 50% of its net income as cash dividends to its shareholders once each quarter. The company plans to do so again this year, during which SCC earned $100 million in net profits after tax. If the company has 40 million shares outstanding and pays dividends quarterly, what is the company’s dollar dividend payment per share each quarter?

Reference no: EM13726303

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Dollar dividend payment per share each quarter : Specialty Chemicals Company (SCC) pays out 50% of its net income as cash dividends to its shareholders once each quarter. The company plans to do so again this year, during which SCC earned $100 million in net profits after tax. If the company has 40..

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