How do i calculate prefered dividend and common dividend?
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Answer:
Due to the preferred shareholders: (25,000*80)* 0.02 = $40,000 [per share is $80*0.02 = $1.60] Paid to common total: 65,000 - 40,000 = $25,000.../#of shares of common - (not given in your info) = dividend per common share
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Other answers
Due to the preferred shareholders: (25,000*80)* 0.02 = $40,000 [per share is $80*0.02 = $1.60] Paid to common total: 65,000 - 40,000 = $25,000.../#of shares of common - (not given in your info) = dividend per common share
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