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Question 60 1 pts Helmuth Incs latest net income was $1,410,000, and it had 225,000 shares outstanding. The company wants to pay out 45% of its income. What dividend per share should it declare? Do not round your intermediate calculations. $3.13 $2.96 $2.37 $2.45 $2.82 * Previou F6 5 8 0
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Answer #1

Dividend per share = Dividends paid/Number of shares

= $1,410,000×45%/225,000

= $634,500/225,000

= $2.82

Hence, correct option is $2.82

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