allysoftball3102 allysoftball3102
  • 11-02-2019
  • Business
contestada

How much was firm xyz's dividends per share if the firm paid $3.20 million in dividends and there were 4 million shares outstanding?

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MrCreighton
MrCreighton MrCreighton
  • 11-02-2019

Dividends per share by definition is how much did each share of the company receive in dividends.

You take the total dividend paid and divide by the number of outstanding shares

3.20 million / 4 million = dividends per share.

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