How much was firm xyz's dividends per share if the firm paid $3.20 million in dividends and there were 4 million shares outstanding?

Question

asked Dec 25, 2020 91.9k views

1 Answer

Ruedi · Answer 1 · 2020-12-29T22:34:14+0000

Dividends per share by definition is how much did each share of the company receive in dividends.

You take the total dividend paid and divide by the number of outstanding shares

3.20 million / 4 million = dividends per share.