For 2015, the annual earnings for Red Dog Manufacturing was $2500000. The company has 4100000 shares of
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Question:
For 2015, the annual earnings for Red Dog Manufacturing was $2500000. The company has 4100000 shares of common stock outstanding and pays an annual dividend of $0.34 per share. The closing price for a share of common stock was $25 at the end of the previous business day.
Calculate the current yield, the earnings per share, and the price-earnings (PE) ratio. When solving and answering, round to two decimal places.
The current yield is
%.
The earnings per share is $
.
The price-earnings (PE) ratio is
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