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Wich Corp

Finance

Wich Corp. had additions to retained earnings for the year just ended of $341,653. The firm paid out $153,189 in cash dividends, and it has ending total equity of $4,082,849. The company currently has 150,000 shares of common stock outstanding. What are dividends per share? (round 4 decimal places)

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Computation of the dividends per share:-

Dividends per share = Total dividends / Number of shares outstanding

= $153,189 / 150,000

= $1.0213 per share

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