How big of a cash dividend needs to be declared to give the common stockholders a $1/ per share dividend?..... What would be the debit to Retained Earnings for a 40% common stock dividend?. If all the common stock was issued at the same time, what was price per share?. No dividends were declared or paid for the previous two years. How big of a cash dividend needs to be declared to give the common stockholders a $1/ p er share dividend? .