a-company-pays-a-total-dividend-of-90000-preferred-stockholders-receive-60000-an

Question

A company pays a total dividend of $$90,000. Preferred stockholders receive 60$$,000, and there are 3,000 preferred shares. What is the dividend per preferred share?

Accepted Answer

$20

Answer

$30

Answer

$15

Answer

$10

A company pays a total dividend of \$90,000. Preferred stockholders receive \$60,000, and there are 3,000 preferred shares. What is the dividend per preferred share?