38. TBT stock pays a $3 dividend, semiannually, and has earning per share of $9. If...
TBT stock pays a $3 dividend, semiannually, and has earning per share of $9. If the stock is currently trading at $60, what is the dividend yield percentage? a. 5.00% b. 33.33% c. 10.00% d. 66.67%
Pangbourne Whitchurch has preferred stock outstanding. The stock pays a dividend of $9 per share, and sells for $60. The corporate tax rate is 35%. What is the percentage cost of the preferred stock? (enter as whole percentage).
The first stock pays a current dividend of $2 which is growing at 3% per year. The cost of equity is 9% and the WACC is 7%. Based on this info what should you do if the stock is trading at $29.50 a share? a. Buy it as the intrinsic value of the stock is just over $34 b. Short or sell the stock as the intrinsic value of the stock is under $26 a share c. Buy it as...
The first stock pays a current dividend of $2 which is growing at 3% per year. The cost of equity is 9% and the WACC is 7%. Based on this info what should you do if the stock is trading at $29.50 a share? a. Buy it as the intrinsic value of the stock is just over $34 b. Short or sell the stock as the intrinsic value of the stock is under $26 a share c. Buy it as...
East Coast Utilities is currently trading at $14.33 per share. The company pays a quarterly dividend of $0.21 per share. What is the dividend yield? The dividend yield is 1%. (Round to two decimal places.)
East Coast Utilities is currently trading at $25.82 per share. The company pays a quarterly dividend of $0.16per share. What is the dividend yield? The dividend yield is_______ %. (Round to two decimal places.)
1. Mark owns a stock with a market price of $53 per share. This stock pays a constant annual dividend of $1.64 a share. If the price of the stock suddenly falls to $41 a share, you would expect the: I. dividend yield to increase. II. dividend yield to decrease. III. growth rate to increase. IV. growth rate to decrease. a) II only b) I and III only c) II and IV only d) III only e) I only 2....
what is the dividend yield on a stock that is currently trading at$70 per share and is expected to pay a dividend of $2.21 per share over the next twelve months?
A stock is selling today for $60 per share. At the end of the year, it pays a dividend of $3 per share and sells for $63. a. What is the total rate of return on the stock? b. What are the dividend yield and percentage capital gain? c. Now suppose the year-end stock price after the dividend is paid is $54. What are the dividend yield and percentage capital gain in this case? (Negative amounts should be indicated by...
Pangbourne Whitchurch has preferred stock outstanding. The stock pays a dividend of $6 per share, and sells for $40. The corporate tax rate is 35%. What is the percentage cost of the preferred stock? (Enter your answer as a whole percent.)