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The stockholders equity section of The Seventies Shop is presented here. ...

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Accounting

The stockholders equity section of The Seventies Shop is presented here.
THE SEVENTIES SHOP
Balance Sheet (partial)
($ in thousands)
Stockholders' equity:
Preferred stock, $50 par value $0
Common stock, $5 par value 16,000
Additional paid-in capital 54,400
Total paid-in capital 70,400
Retained earnings 49,000
Treasury stock (2,900)
Total stockholders' equity $116,500
Based on the stockholders equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands.
6. How much was the dividend per share? (Hint: Dividends are not paid on treasury stock.)(Round your answer to 2 decimal places.)

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