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Oividends Per Share sandpper Company has 25,000 shares of onvaeve-ered 2、 3, 1150 per and 50,000 shares of $15 per term戀账k. The f kwing snorts were disttuted 150,000 7,500 225,000 Round s sr-, to two tonai .ชล, arwe-ws,enter w Determine the dvidends per share tor pre-red Md common thock for each year Prefermed sck (Dividends er Common stock (Dvidends per 37,500 x Determine what amount of curent dvidendh that preferred steck should receive per year e mind that the question is anking for a dvidend per share for each year and class of stock, rather than the total ameunt to be distributied to each class of stock 8
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Particulars 296 Pref Stock, 150 Par Common Stock 15 Par No .of Shares Total Value 25000 (25000 x 150)3 50000 50000 x 15) 3750000 750000 Fixed Preference Dividend = 3750000 x 2% 75000 Particulars Amount to be distributed 150000 37500 225000 less: Pref dividend Previous Yr Pref Dividend 75000 37500 75000 37500 Common Stock dividend 75000 0 112500 Note: It is assumed that un-paid Preference Dividend is treated as arrears & to be paid from next vear profits

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