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The year-end 2017 balance sheet for Brads Copy, Inc. lists common stock ($1.20 par value)...

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Accounting

The year-end 2017 balance sheet for Brads Copy, Inc. lists common stock ($1.20 par value) at $7,620,000 capital surplus at $86,543,000 and retained earnings at $218,546,000. On the 2016 year-end balance sheet, retained earnings is listed as $214,368,000. The firms net income in 2017 was $12,500,000. No stock was issued or repurchased in 2017. What were dividends per share paid by the firm in 2017 (rounded to the nearest cent)?

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