Clair, Inc., earned ($ 4.50) per share of common stock in the current year and paid dividends

Question:

Clair, Inc., earned \(\$ 4.50\) per share of common stock in the current year and paid dividends of \(\$ 2.34\) per share. The most recent market price per share of the common stock is \(\$ 46.80\). What is the company's

(a) price-earnings ratio,

(b) dividend yield, and

(c) dividend payout ratio?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: