Unique Corp. had 50,000 shares of $5 preference share, $100 par, and 100,000 shares of $1 par ordinary share outstanding throughout the year. Profit for the year was $780,000, and Unique declared and distributed a cash dividend of $1 per share on its ordinary share. Earnings per share amounted to:

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To calculate earnings per share (EPS), subtract the preference dividends from the profit and divide by the number of ordinary shares. Preference dividends = 50,000 shares * $5 = $250,000. Profit after preference dividends = $780,000 - $250,000 = $530,000. EPS = $530,000 / 100,000 shares = $5.30.