The following information was available for the year ended December 31, 2022: Dividends per share Earnings per share 1.35 3.00 28.20 Market price per share at year-end Required: a. Calculate the price/earnings ratio for 2022. Note: Round your answer to 2 decimal places. b. Calculate the dividend payout ratio for 2022. Note: Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34). c. Calculate the dividend yield for 2022. Note: Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34). a. Price/Earning ratio b. Dividend payout ratio c. Dividend yield % Ji di %

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
Problem 78E: Ratio Analysis Consider the following information. Required: Calculate the stockholder payout...
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The following information was available for the year ended December 31, 2022:
Dividends per share
Earnings per share
1.35
3.00
28.20
Market price per share at year-end
Required:
a. Calculate the price/earnings ratio for 2022.
Note: Round your answer to 2 decimal places.
b. Calculate the dividend payout ratio for 2022.
Note: Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34).
c. Calculate the dividend yield for 2022.
Note: Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34).
a. Price/Earning ratio
b. Dividend payout ratio
c. Dividend yield
%
Ji di
%
Transcribed Image Text:The following information was available for the year ended December 31, 2022: Dividends per share Earnings per share 1.35 3.00 28.20 Market price per share at year-end Required: a. Calculate the price/earnings ratio for 2022. Note: Round your answer to 2 decimal places. b. Calculate the dividend payout ratio for 2022. Note: Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34). c. Calculate the dividend yield for 2022. Note: Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34). a. Price/Earning ratio b. Dividend payout ratio c. Dividend yield % Ji di %
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