Question: Howe Corp has 1 1 , 5 0 0 , 0 0 0 shares issued and 2 , 3 0 0 , 0 0 0

Howe Corp has 11,500,000 shares issued and 2,300,000 shares held in the treasury. If the board of directors declares $26,000,000 in cash dividends, what amount of dividend should each shareholder expect to receive?
(Enter your answer in dollars per share, rounded to the nearest cent.)
Howe Corp has 11,500,000 shares issued and 2,300,000 shares held in

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