The market price of the common stock of Ollinger Company dropped from $95 to $72 per share. The dividend paid per share remained unchanged. The company's dividend payout ratio would:
a) be unchanged.
b) increase.
c) decrease.
d) be impossible to determine without more information.
The market price of the common stock of Ollinger Company dropped from $95 to $72 per...
The following information is available for Jase Company: Market price per share of common stock $25.00 Earnings per share on common stock $2.00 Which of the following statements is correct? A. The price-earnings ratio is 20 and a share of common stock was selling for 20 times the amount of earnings per share at the end of the year. B. The price-earnings ratio is 5% and a share of common stock was selling for 5% more than the amount of...
Kim has gathered the following information on a company: Dividend paid to common stock is $18,000 per year, number of shares outstanding is 128,000. Stock of that company has a market price of $8.50 per share, what is the dividend yield? A) 1.65% B) 2.12% C) 4.70% D) 6.62% The market price per share for a company is $11.22. The company has dividend yield of 3.0% and earnings per share are currently $2.70. What is the dividend payout ratio? A)...
Financial Ratios for Common Stockholders Morgan Corporation has only common stock outstanding. The firm reported earnings per share of $6.00 for the year. During the year, Morgan paid dividends of $2.10 per share. At year end the current market price of the stock was $72 per share. Calculate the following: Note: Round all answers to one decimal place. a. Price-earnings ratio b. Dividend yield c. Dividend payout ratio
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.
Calculate the price-earnings ratio from the following information. Market price per share of common stock $42.5 Earnings per share of common stock $2.5 a. 18 b. 16 c. 17 d. 22
25. The ratio that represents dividends per common share in relation to market price per common share is a. dividend payout b. percentage of earnings retained c. price/earings d. book value per share e dividend yield 26. Which of the following items is not included in the adjustment of net income to cash flows from operating activities? a. Increase in deferred taxes b. Depreciation expenses for the period Amortization of premium on bonds payable d. Proceeds from selling land e...
EXCEL SPREADSHEET DATA BELOW:
Dividends
Dollars in Thousands:
Tax rate
40.00%
Operating cost %
71.00%
Common shares outstanding
340,000
Common stock price
$39.00
Dividend payout ratio
60.00%
Sales
$11,800
Operating costs
8,378
EBIT
$3,422
Interest
297
EBT
$3,125
Taxes
1,250
Net income
$1,875
Calculation of current per share dividend:
Formulas
DPS, current year
#N/A
Current dividend yield calculation:
Current dividend yield
#N/A
Calculation of last year's per share dividend:
Last year's net income
$1,600
DPS last year
#N/A
Calculation of...
A company's common stock has a market price of $38.00 per share and an expected dividend of $2.50 per share at the end of the coming year. The growth rate in dividends has been 3%, and the company expects to be able to maintain this growth rate forever. If the company issues new shares, the issue costs are expected to be $3.00 per share. What is the component cost of new common equity raised internally by reinvesting earnings for the...
just
Excrcise 16: Relation of rights to EPS and the price-carnings ratio Walker Machine Tools has 7 million shares of common stock outstanding. The current market price of Walker common stock is S82 per share rights-on. The company's net income this year is $25 million. A rights offering has been announced in which 700,000 new shares will be sold at $76.50 per share. The subscription price plus seven rights is needed to buy one of the new shares. a. What...
Use the following information to answer questions 14- 16 Stephens Corp. has 14,000 shares of common stock outstanding. During the year, Stephens has a net income of $56,000 and pays a dividend of $2.40 per share. The market price for the common stock is $48.00 per share 14. What is the dividend payout ratio? 15. What is the dividend yield ratio? 16. What is the price-earnings ratio?
Use the following information to answer questions 14- 16 Stephens Corp. has 14,000...