Refer to Parliament Corporation. Calculate the dividend per share for preferred stock.​

Dividend Per Share

The sum of money paid by a company to its shareholders, divided by the total number of shares outstanding, usually expressed as a dollar amount per share.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, usually with no voting rights but with a fixed dividend.

Common Stock

Represents equity ownership in a corporation, giving holders voting rights and a share in the company's profits through dividends.