The shares of Bankston Company sell for $75. The firm has a P/E ratio of 12. Fifty

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The shares of Bankston Company sell for $75. The firm has a P/E ratio of 12. Fifty percent of earnings are paid out in dividends. What is the firm’s dividend yield?


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...
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Fundamentals Of Financial Management

ISBN: 9780273713630

13th Revised Edition

Authors: James Van Horne, John Wachowicz

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