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The following information is available for West Texas Waste Management Inc. (WTWM). Year 1 Year 2 Year 3 Dividends per share $0.03 $0.06 $0.12 Earnings per share 1.07 1.28 1.41 Market price per share 16.00 19.00 21.00 Calculate WTWM's dividend payout ratio and dividend yield for Year 1 through Year 3. Round all answers to one decimal place. Dividend Yield Year 1 Year 2 Year 3 Dividend Payout 0% 0% 0% 0% 0% 0%

The following information is available for West Texas Waste Management Inc. (WTWM). Year 1 Year 2 Year 3 Dividends per share $0.03 $0.06 $0.12 Earnings per share 1.07 1.28 1.41 Market price per share 16.00 19.00 21.00 Calculate WTWM's dividend payout ratio and dividend yield for Year 1 through Year 3. Round all answers to one decimal place. Dividend Yield Year 1 Year 2 Year 3 Dividend Payout 0% 0% 0% 0% 0% 0%

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Dividend Yield and Dividend Payout The following information is available for West Texas Waste Management Inc. (WTWM). Year 1 Year 2 Year 3 Dividends per share $0.03 $0.06 $0.12 Earnings per share 1.07 1.28 1.41 Market price per share 16.00 19.00 21.00 Calculate WTWM's dividend payout ratio and dividend yield for Year 1 through Year 3. Round all answers to one decimal place. Dividend Yield Year 1 Year 2 Year 3 Dividend Payout 0% 0% 0% 0% 0% 0%
Transcribed Image Text:Dividend Yield and Dividend Payout The following information is available for West Texas Waste Management Inc. (WTWM). Year 1 Year 2 Year 3 Dividends per share $0.03 $0.06 $0.12 Earnings per share 1.07 1.28 1.41 Market price per share 16.00 19.00 21.00 Calculate WTWM's dividend payout ratio and dividend yield for Year 1 through Year 3. Round all answers to one decimal place. Dividend Yield Year 1 Year 2 Year 3 Dividend Payout 0% 0% 0% 0% 0% 0%
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