Shown Below Is Information Relating to the Shareholders' Equity of Grant

Shown below is information relating to the shareholders' equity of Grant Corporation at December 31, 2009:
$\begin{array}{lr}\text { \( 6 \% \) non-cumulative preference share, \( \$ 100 \) par, 10,000 shares authorized,}&\$600,000\\\text { 6,000 shares issued}\\\\\text { Ordinary shares, \( \$ 3 \) par, 500,000 shares authorized, 300,000 shares issued and }&\$900,000\\\text { outstanding}\\\text { Share premium: preference share } & \$ 60,000 \\\text { Share premium: ordinary share } & \$ 1,900,000 \\\text { Retained earnings } & \$ 1,090,000\end{array}$
Dividends have been declared and paid for 2009.


-Refer to the above data. The balance in Retained Earnings at the beginning of the year was $950,000, and there were no dividends in arrears. Profit for 2009 was $980,000. What was the amount of dividend declared on each share of ordinary share during 2009?

A) $2.50.
B) $2.08.
C) $2.00.
D) $2.68.