A company's stock is selling for $35.70 per share at year-end. This current year it paid shareholders a $1.43 per share cash dividend, reported earnings per share of $11.00, and had 750,000 common shares outstanding at year-end. Calculate the company's dividend yield.
What will be an ideal response?
Dividend Yield = Cash Dividend per Share/Market Price per Share
Dividend Yield = $1.43/$35.70 = 4%
You might also like to view...
Deferred income taxes are a type of long-term liability that result from using different accounting methods to calculate income taxes on the income statement and income tax liability on the income tax return
Indicate whether the statement is true or false
ABC, Inc., is a small clothing manufacturer that produces polo shirts and pants using two resources: sewing machine hours and cutting machine hours. The production manager can schedule up to 240 hr of sewing machine time and up to 150 hr of cutting machine time. Production of one polo shirt requires 3 hr of sewing time and 1 hr of cutting time. Each pair of pants requires 2 hr of sewing time and 1.5 hr of cutting time. Each polo shirt yields a profit of $5, and each pair of pants generates a $6 profit. The objective is to maximize profits. How many decision variables are there in this LP formulation?
A. one B. two C. three D. four
Listening for feelings normally takes place in which of the following situations?
a. groups b. one-to-one c. public d. intrapersonal
What was the importance of the decision in the Pacifica case?
What will be an ideal response?