Pillow inc has 500 shareholders as of 1 Oct 2018. On that date Pillow inc released its earnings. The earnings for the period is $5 million. The management decided to distribute all the earnings to the shareholders. On 21th Febuary 2020 Pillow inc issued another 500 shares to a new set of shareholders. On 1 Oct 2020 Pillow inc reported earnings of $1 million. The management again decided to distribute all its profit to shareholders.

What is the dividend per share on 1^st October 2018?

What is the dividend per share on 1^st October 2020?

Answer rating: 100% (QA)

To calculate the dividend per share we need to divide the total earnings by the total ... View the full answer