Northern Electric Corporation has the following common share data: Share price ......................... $60.00 P/E ratio ............................ 20.0
Question:
Share price ......................... $60.00
P/E ratio ............................ 20.0
Dividend Yield .................. 4%
Required:
Calculate the following:
(a) EPS
(b) Dividend per share
(c) Dividend 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...
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Related Book For
Financial Management for Decision Makers
ISBN: 978-0138011604
2nd Canadian edition
Authors: Peter Atrill, Paul Hurley
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