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Question 3 (1 point) Last year, Holland Tulip Inc. paid $54.96 million in common stock dividends. The company has 26.56 million shares outstanding. Calculate the firms dividends per share ratio. Round the answer to twoladecimal places

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Answer #1

Ans. $2.07 per share

Dividend per share = Common stock dividend / Shares outstanding

= 54.96 million / 26.56 million

= $2.07 per share

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