Dividend from Financial Statements Stockholder's Cash Dividend Year Stock Price Equity (in millions) Div/share (S) Yield 3.00% S 2.70% S 2.60% S 97.33 2015 2.92 2,491.00 2016 3.12 429.00 115.56 2017 3.32 1,030.00 127.69 2. The dividend yield if the firm doubled it's outstanding shares Stockholder's Cash Dividend Equity (in millions) Stock Price Year Div/Share (S) Yield doubled 1.50% S 1.35% S 1.30% S 4,982.00 S 858.00 115.56 2,060.00 97.33 1.46 2015 2016 1.56 127.69 2017 1.66
Dividend from Financial Statements Stockholder's Cash Dividend Year Stock Price Equity (in millions) Div/share (S) Yield 3.00% S 2.70% S 2.60% S 97.33 2015 2.92 2,491.00 2016 3.12 429.00 115.56 2017 3.32 1,030.00 127.69 2. The dividend yield if the firm doubled it's outstanding shares Stockholder's Cash Dividend Equity (in millions) Stock Price Year Div/Share (S) Yield doubled 1.50% S 1.35% S 1.30% S 4,982.00 S 858.00 115.56 2,060.00 97.33 1.46 2015 2016 1.56 127.69 2017 1.66
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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What effect would the calculation performed have in terms of shareholder value? In other words, suppose the company’s goal is to maximize shareholder value. How will doubling outstanding shares support or inhibit that goal? Be sure to justify reasoning.
Transcribed Image Text:Dividend from Financial Statements
Stockholder's
Cash
Dividend
Year
Stock Price
Equity (in millions)
Div/share (S)
Yield
3.00% S
2.70% S
2.60% S
97.33
2015
2.92
2,491.00
2016
3.12
429.00
115.56
2017
3.32
1,030.00
127.69
Transcribed Image Text:2. The dividend yield if the firm doubled it's outstanding shares
Stockholder's
Cash
Dividend
Equity (in millions) Stock Price
Year
Div/Share (S)
Yield
doubled
1.50% S
1.35% S
1.30% S
4,982.00 S
858.00 115.56
2,060.00
97.33
1.46
2015
2016
1.56
127.69
2017
1.66
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