You've collected the following information from your favorite financial website. 52-Week Price Lo 10.43 Acevedo .36 Hi 77.40 55.91 130.93 50.24 35.00 Stock (Dividend) Dividend PE Yield % Ratio 2.6 4.0 2.2 6 10 10 6 28 5.2 1.5 Close Price 33.52 Georgette, Incorporated 1.64 YBM 2.00 69.50 13.95 Manta Energy .80 20.74 Winter Sports .32 Find the quote for the Georgette, Incorporated. Assume that the dividend is constant. a. What was the highest dividend yield over the past year? 13.90 40.53 88.97 15.43 ?? Net Change -.24 -.01 3.07 -.26 .18

Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)
8th Edition
ISBN:9781285065137
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter14: Distributions To Shareholders: Dividend And Share Repurchases
Section: Chapter Questions
Problem 2DQ
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You've collected the following information from your favorite financial website.
52-Week Price
Lo
10.43 Acevedo .36
33.52 Georgette, Incorporated 1.64
69.50
YBM 2.00
13.95 Manta Energy .80
20.74 Winter Sports .32
Hi
77.40
55.91
130.93
50.24
35.00
Stock (Dividend)
> Answer is complete but not entirely correct.
a. Highest dividend yield
b. Lowest dividend yield
Dividend PE
Yield %
Ratio
2.6
4.0
2.2
5.2
1.5
6.84 × %
4.13 X %
6
10
10
6
28
Close
Price
Find the quote for the Georgette, Incorporated. Assume that the dividend is constant.
a. What was the highest dividend yield over the past year?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places,
e.g., 32.16.
13.90
40.53
88.97
15.43
??
b. What was the lowest dividend yield over the past year?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places,
e.g., 32.16.
Net Change
-.24
-.01
3.07
-.26
.18
Transcribed Image Text:You've collected the following information from your favorite financial website. 52-Week Price Lo 10.43 Acevedo .36 33.52 Georgette, Incorporated 1.64 69.50 YBM 2.00 13.95 Manta Energy .80 20.74 Winter Sports .32 Hi 77.40 55.91 130.93 50.24 35.00 Stock (Dividend) > Answer is complete but not entirely correct. a. Highest dividend yield b. Lowest dividend yield Dividend PE Yield % Ratio 2.6 4.0 2.2 5.2 1.5 6.84 × % 4.13 X % 6 10 10 6 28 Close Price Find the quote for the Georgette, Incorporated. Assume that the dividend is constant. a. What was the highest dividend yield over the past year? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. 13.90 40.53 88.97 15.43 ?? b. What was the lowest dividend yield over the past year? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Net Change -.24 -.01 3.07 -.26 .18
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