Northern Electric Corporation has the following common share data: Share price ......................... $60.00 P/E ratio ............................ 20.0

Question:

Northern Electric has the following common share data:
Share price ......................... $60.00
P/E ratio ............................ 20.0
Dividend Yield .................. 4%
Required:
Calculate the following:
(a) EPS
(b) per share
(c) payout ratio.
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may... Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...