Question

) 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

Answer 1

Dividend? Where in the problem statement did the word dividend appear?

Answer 2

The dividend yield is 5.7%