Asked by Vicky
) If a stock pays a dividend of $1.30 annually, has earnings-per-share of $4.50, and closed yesterday at $76.50, then which of the following statements is true? (Approximation is fine!)
a. The dividend payout ratio is 82.8%
b. The dividend yield is 5.7%
c. The P/E Ratio is 17
d. All of the above
a. The dividend payout ratio is 82.8%
b. The dividend yield is 5.7%
c. The P/E Ratio is 17
d. All of the above
Answers
Answered by
bobpursley
Dividend? Where in the problem statement did the word dividend appear?
Answered by
joe
The dividend yield is 5.7%
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.