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The Dawson Corporation projects the following for the year 2014: Earnings before interest and taxes $35 million Interest expense $5 million Preferred stock dividends $4 million Common stock dividend payout ratio 30% Common shares outstanding $2 million Effective corporate income tax rate 40% What is the expected common stock dividend per share for Dawson Corp. for 2014?.

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The Dawson Corporation projects the following for the year 2014: Earnings before interest and taxes $35 million Interest expense $5 million Preferred stock dividends $4 million Common stock dividend payout ratio 30% Common shares outstanding $2 million Effective corporate income tax rate 40% What is the expected common stock dividend per share for Dawson Corp. for 2014?

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