At the end of the year, Shiloh Industries reported retained earnings of $497,000 on its balance sheet and it reported that it had $188,000 of net income during the year. The previous year's balance sheet had reported $445.000 of retained earnings. No shares were repurchased or issued during the year. If the company has 100.000 shares outstanding. what was their dividend per share?

Answer rating: 100% (QA)

Retained earnings at the beginning of the ... View the full answer