(Dividend payout ratio) Simpson Energy earned $ 2.3 million in net income last year and for...
(Dividend payout ratio) Simpson Energy earned $ 2.3 million in net income last year and for the first time ever paid its common stockholders a cash dividend of $ 0.08 per share. The firm has 9.4 million shares outstanding. What was Simpson's dividend payout ratio?
Simpson's dividend payout ratio was _______% (Round to two decimal places)
(Cost of preferred stock) The preferred stock of Texas Southern Power Company sells for $39 and pays $8 in dividends. The net price of the security after issuance costs is $33.93 What is the cost of capital for the preferred stock?
The cost of capital for the preferred stock is ______% (Round to two decimal places)
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(Dividend payout ratio) Simpson Energy earned $ 2.3 million in
net income last year and for...
(Dividendpayoutratio) Simpson Energy earned $2.6 million in net income last year and for the first time...
(Dividendpayoutratio) Simpson Energy earned $2.6 million in net income last year and for the first time ever paid its common stockholders a cash dividend of $0.03 per share. The firm has 9.1 million shares outstanding. What was Simpson's dividend payout ratio? Simpson's dividend payout ratio was %?
Dividend Payout The Wei Corporation expects next year's net income to be $10 million. The firm...
Dividend Payout The Wei Corporation expects next year's net income to be $10 million. The firm is currently financed with 45% debt. Wel has $8 million of profitable investment opportunities, and it wishes to maintain its existing debt ratio. According to the residual distribution model (assuming all payments are in the form of dividends), how large should Wel's dividend payout ratio be next year? Round your answer to two decimal places. %
Payout Ratio and Book Value per Share Divac Company has developed a statement of stockholders' equity...
Payout Ratio and Book Value per Share Divac Company has developed a statement of stockholders' equity for the year 2017 as follows: Preferred Stock Paid-In Capital— Preferred Common Stock Paid-In Capital— Common Retained Earnings Balance, Jan. 1 $100,000 $50,000 $400,000 $40,000 $200,000 Stock issued 100,000 10,000 Net income 67,000 Cash dividend -50,000 Stock dividend 10,000 5,000 -15,000 Balance, Dec. 31 $110,000 $55,000 $500,000 $50,000 $202,000 Divac’s preferred stock is $100 par, 8% stock. If the stock is liquidated or redeemed,...
1. Plowback Ratio = 70% Net Income = $ 1 million Net Assets = $3.4 million...
1. Plowback Ratio = 70% Net Income = $ 1 million Net Assets = $3.4 million Net Liabilities = $2.3 million What is the Internal Growth Rate? (Round to two decimal points; 2.5 points) e.g., 12.34% = 12.34 2. Plowback Ratio = 70% Net Income = $ 1 million Net Assets = $3.4 million Net Liabilities = $2.3 million What is the Sustainable Growth Rate of the Business? (Round to two decimal points; 2.5 points) e.g., 12.34% = 12.34
Estimating Growth A firm has a constant dividend payout ratio. Last year the firm had net...
Estimating Growth A firm has a constant dividend payout ratio. Last year the firm had net income of $30 million and paid out dividends of $6 million. The firm's return on equity is expected to be 13% for the foreseeable future. This stock's growth rate in dividends (g) should be
EPS, P/E Ratio, and Dividend Ratios The Stockholders' Equity section of the balance sheet for Kotsis...
EPS, P/E Ratio, and Dividend Ratios The Stockholders' Equity section of the balance sheet for Kotsis Industries at the end of 2017 appears as follows: 89%, $100 par, cumulative preferred stock, 200,000 shares authorized, 50,000 shares issued and outstanding $5,000,000 Additional paid in capital on preferred 2.500,000 Common stock, $5 par, 500,000 shares authorized, 400,000 shares 2,000,000 issued and outstanding Additional paid in capital on common 18,000,000 Retained earnings 37.500.000 Total stockholders' equity $65,000,000 Net income for the year was...
The Amherst Company has อ net profits o $5 million sales o $114 million, อnd 1...
The Amherst Company has อ net profits o $5 million sales o $114 million, อnd 1 8 million shares o common stock outstanding The company has total assets ofs53 million and total stockholders' equity o $31 million. It pays S 1.18 per share in common dividends, and the stock trades at $27 per share Given this information, determine the following a. Amherst's FPS b. Amhersts book value per share and price-to-book-value ratio C. The firm's PIE ratio d. The company's...
West Coast Utilities had a net profit of $933 million. It has 911million shares outstanding and...
West Coast Utilities had a net profit of $933 million. It has 911million shares outstanding and paid annual dividends of$ 0.58 per share. What is the dividend payout ratio? The dividend payout ratio is % (Round to two decimal places.)
Security valuation: equity: Next year, a company expects net income of $44 million. It pays 50%...
Security valuation: equity: Next year, a company expects net income of $44 million. It pays 50% of its earnings out in dividends and has a cost of equity capital of 11%. a. If the company's NI has a 7% growth rate, what is the estimated value of your company? b. What is its re-investment rate (i.e. internal rate of return on earnings retained and reinvested)? Now suppose instead that the company's re-investment rate (i.e. internal rate of return) on all...
Calculate the payout ratio, earnings per share, and return on common stockholders’ equity. (Round earning per...
Calculate the payout ratio, earnings per share, and return on
common stockholders’ equity. (Round earning per share
to 2 decimal places, e.g. $2.66 and all other answers to 1 decimal
place. 17.5%.)
The stockholders’ equity accounts of Monty Corp. on January 1,
2017, were as follows.
Preferred Stock (6%, $100 par noncumulative, 4,900 shares
authorized)
$294,000
Common Stock ($3 stated value, 335,000 shares authorized)
837,500
Paid-in Capital in Excess of Par Value—Preferred Stock
14,700
Paid-in Capital in Excess of Stated...
Dividend Payout The Wei Corporation expects next year's net income to be $10 million. The firm is currently financed with 45% debt. Wel has $8 million of profitable investment opportunities, and it wishes to maintain its existing debt ratio. According to the residual distribution model (assuming all payments are in the form of dividends), how large should Wel's dividend payout ratio be next year? Round your answer to two decimal places. %
Estimating Growth A firm has a constant dividend payout ratio. Last year the firm had net income of $30 million and paid out dividends of $6 million. The firm's return on equity is expected to be 13% for the foreseeable future. This stock's growth rate in dividends (g) should be
EPS, P/E Ratio, and Dividend Ratios The Stockholders' Equity section of the balance sheet for Kotsis Industries at the end of 2017 appears as follows: 89%, $100 par, cumulative preferred stock, 200,000 shares authorized, 50,000 shares issued and outstanding $5,000,000 Additional paid in capital on preferred 2.500,000 Common stock, $5 par, 500,000 shares authorized, 400,000 shares 2,000,000 issued and outstanding Additional paid in capital on common 18,000,000 Retained earnings 37.500.000 Total stockholders' equity $65,000,000 Net income for the year was...
The Amherst Company has อ net profits o $5 million sales o $114 million, อnd 1 8 million shares o common stock outstanding The company has total assets ofs53 million and total stockholders' equity o $31 million. It pays S 1.18 per share in common dividends, and the stock trades at $27 per share Given this information, determine the following a. Amherst's FPS b. Amhersts book value per share and price-to-book-value ratio C. The firm's PIE ratio d. The company's...
Calculate the payout ratio, earnings per share, and return on
common stockholders’ equity. (Round earning per share
to 2 decimal places, e.g. $2.66 and all other answers to 1 decimal
place. 17.5%.)
The stockholders’ equity accounts of Monty Corp. on January 1,
2017, were as follows.
Preferred Stock (6%, $100 par noncumulative, 4,900 shares
authorized)
$294,000
Common Stock ($3 stated value, 335,000 shares authorized)
837,500
Paid-in Capital in Excess of Par Value—Preferred Stock
14,700
Paid-in Capital in Excess of Stated...
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