1. Payout ratio = (Dividend paid / Net Income) x 100
Nike = (931 / 3273) x 100 = 28.4%
Adidas = (320 / 634) x 100 = 50.5%
2. Dividend yield = Dividend per share / Market price per
share
Nike = (1.08 / 62.50) x 100 = 1.7%
Adidas = (1.60 / 89.91) x 100 = 1.8%
Investors would likely prefer Adidas for dividend income purposes.
The following selected information is available for two competitors, Nike, Inc. and Adidas AG: Adidas (in...
BTN 13-2 BTN 13-2 Key comparative figures for Nike, Adidas, and Puma follow. Nike (USS) Adidas (EUR) Puma (EUR) Key Figures 2022 1.80 15.0 Net profit (in currency millions)....... Cash dividends declared per ordinary share ............ Ordinary shares outstanding in millions) .............. Weighted average ordinary shares outstanding (in millions) Market value (price) per share ...... .. .. Equity applicable to ordinary shares (in millions) ......... 1.907 1.06 484.0 485.5 72.38 9,753.7 568 0.80 209.2 2092 48.89 4,623 15.0 248.0 1.386.4...
Profitability Analysis Albion Inc. provided the following information for its most recent year of operations. The tax rate is 40%. Sales $100,000 Cost of goods sold 45,000 Net income 10,500 Interest expense 350 Assets—beginning balance 120,000 Assets—ending balance 126,000 Preferred dividends $300 Common dividends (paid December 31) $8,000 Common shares outstanding—January 1 30,000 shares Common shares outstanding—December 31 40,000 shares Average common stockholders' equity $55,000 Market price per common share $12 Required: Round all answers to two decimal places except...
Q1/ please answer the question as the tables The following selected information (in millions, except for per-share information) is available for National Bank of Canada for the year ended October 31: 2015 2014 Weighted average number of common shares 333.1 331.1 Income available to common shareholders (equals net income) $1,574 $1,498 Dividends declared and paid per common share 2.04 1.88 Dividends declared and paid on common shares 672 616 Average common shareholders’ equity 9,806 8,778 Market price per common share...
E11-13 Selected financial information (in millions, except per-share information) is available for CIBC at October 31: 2015 2014 2013 Dividends declared and paid to common shareholders Dividends declared per common share $1,708 $ 1,523 1,567 $ 3.94 3.81 4.30 Income available to common shareholders (equals net income) 3,531 $3,131 $3,253 Common shareholders' equity $20,360 $17,588 $16,546 Market price per common share $ 88.70 $100.28 $102.89 Weighted average number of common shares 398 397 401 Instructions (a) Calculate the (1) payout,...
The following information was available for the year ended December 31, 2019: Sales $ 500,000 Net income 71,700 Average total assets 800,000 Average total stockholders' equity 375,000 Dividends per share 1.35 Earnings per share 3.00 Market price per share at year-end 28.20 Required: Calculate margin, turnover, and ROI for the year ended December 31, 2019. Calculate ROE for the year ended December 31, 2019. Calculate the price/earnings ratio for 2019. Calculate the dividend payout ratio for 2019. Calculate the dividend...
Knowledge Check UT The following information is available for Perry, Inc. At the end of the year, the market price of its common stock is $550 per share. Earnings per share totaled $100 and dividends per share in the amount of $15 were paid during the year. What is the dividend yield ratio? (Enter your answer as a percentage rounded to 1 decimal place.) Dividend yield ratio 37.0 %
Nike, Inc., Problem Financial Statement Analysis The financial statements for Nike, Inc., are presented in at the end of the text. The following additional information is available (in thousands): Accounts receivable at May 31, 2013 $ 3,117 Inventories at May 31, 2013 3,484 Total assets at May 31, 2013 17,545 Stockholders' equity at May 31, 2013 11,081 Instructions Determine the following measures for the fiscal years ended May 31, 2015, and May 31. (Round ratios and percentages to one decimal...
Consider the following information. Stock price $55/share Avg. common shares outstanding 850,000 Common dividends $765,000 Dividends per common share $0.90/share Preferred dividends $238,800 Net income $15,485,000 2019 preferred stock $6,162,000 2018 preferred stock $5,299,000 2019 total stockholders’ equity $28,435,000 2018 total stockholders’ equity $25,483,000 Purchases of treasury stock $120,000 Required: 1. Calculate the stockholder payout ratios. (Note: Round answers to three decimal places.) Dividend Yield % Dividend Payout % Total Payout % Stock Repurchase Payout % 2. Calculate the stockholder...
The following information relates to the company Net Income $100,000 Preferred stock dividends $5,000 Average Common Stockholder's Equity $2,100,000 Dividend Per Common Share $1.50 Earnings Per Share $3.00 Market price per common share, year-end $30.00 Calculate the company's dividend payout.
i need help on question A and D Selected financial data of two competitors, Target and Wal-Mart, are presented here. (All dollars are in millions.) Suppose the data were taken from the 2022 financial statements of each company. Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income Income taxes Net income Target Wal-Mart (1/31/22) (1/31/22) Income Statement Data for Year $64,000 $405,000 41,600 • 291,600 16,000 72.900 640 4,050 20 4,150 2,023 14,210 $3,757 $...