On the basis of the following stock information, describe the features of the stock and assess its

Question:

On the basis of the following stock information, describe the features of the stock and assess its performance: dividends per share = $0.80, current share price = $28.50, current dividend yield = 2.8 percent, current P/E multiple = 24.5, share price one year ago = $24.00 and market total return over the past year = 16.5 percent.

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...