Dividend Yield Previous Year Current Year Net Income $35,000 $48,000 Average stockholders' equity 1,000,000 1,500,000 Dividend per common share 1.90 2.00 Earnings per share 2.85 3.20 Market price per common share, year-end 19.00 21.00 Calculate the dividend yield for Evans & Sons for each year. Did the dividend yield improve? Numerator Denominator Dividend Yield Answer Answer Previous Year Answer Answer Current Year Answer Answer
Dividend Yield Previous Year Current Year Net Income $35,000 $48,000 Average stockholders' equity 1,000,000 1,500,000 Dividend per common share 1.90 2.00 Earnings per share 2.85 3.20 Market price per common share, year-end 19.00 21.00 Calculate the dividend yield for Evans & Sons for each year. Did the dividend yield improve? Numerator Denominator Dividend Yield Answer Answer Previous Year Answer Answer Current Year Answer Answer
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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Question
Dividend Yield
Previous Year | Current Year | |
---|---|---|
Net Income | $35,000 | $48,000 |
Average |
1,000,000 | 1,500,000 |
Dividend per common share | 1.90 | 2.00 |
Earnings per share | 2.85 | 3.20 |
Market price per common share, year-end | 19.00 | 21.00 |
Calculate the dividend yield for Evans & Sons for each year. Did the dividend yield improve?
Numerator | Denominator | Dividend Yield | |
---|---|---|---|
Answer | Answer | ||
Previous Year | Answer | Answer | |
Current Year | Answer | Answer |
The dividend payout Answer from previous year to the current year.
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