Question: Dividends per share Sandpiper Company has 1 0 , 0 0 0 shares of cumulative preferred 2 % stock, $ 5 0 par and 5

Dividends per share
Sandpiper Company has 10,000 shares of cumulative preferred 2% stock, $50 par and 50,000 shares of $25 par common stock. The following amounts were distributed as dividends:
Year Amount
20Y1 $15,000
20Y28,000
20Y330,000
Determine the dividends per share for preferred and common stock for each year.

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