Partridge Company provides the following information for the year 2016: Earnings per share $0.24/share
Market price of ordinary shares: $12.00/share
Dividends paid: $0.80/share
(No preference shares issued)
How much was the dividend payout for one share?
A)0.30
B)3.95
C)1.67
D)3.33

Question

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The Answer of Partridge Company provides the following information for the year 2016: Earnings per share $0.24/share
Market price of ordinary shares: $12.00/share
Dividends paid: $0.80/share
(No preference shares issued)
How much was the dividend payout for one share?
A)0.30
B)3.95
C)1.67
D)3.33

Partridge Company Provides the Following Information for the Year 2016