Buskins Corporation has issued 2 million shares. Its earnings were $10 million of which it retained $6 million. What was the dividend per share?

Name: Buskins Corporation has issued 2 million shares. Its earnings were $10 million of which it retained $6 million. What was the dividend per share?
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Question

Quizplus · Accepted Answer

The total dividends paid out is $4 million ($10 million earnings - $6 million retained). With 2 million shares, the dividend per share is $4 million / 2 million shares = $2 per share.

Buskins Corporation Has Issued 2 Million Shares