Helmuth Inc's Latest Net Income Was $1,250,000,and It Had 225,000

question 65

Multiple Choice

Helmuth Inc's latest net income was $1,250,000,and it had 225,000 shares outstanding.The company wants to pay out 45% of its income.What dividend per share should it declare?

• A)$2.14
• B)$2.26
• C)$2.38
• D)$2.50
• E)$2.63