How much in dividends per share should the company pay

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Reference no: EM131993841

Sterling candy shops, Inc., has a net income of $840,000 and retained earnings necessary to fund positive NVP projects of $500,000.

If the company has 2,000,000 shares outstanding, how much in dividends per share should the company pay out according to the residual dividend model?

Reference no: EM131993841

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