Hydra Corporation has total equity of $300 million and 120 million shares outstanding. Its ROE is 20%.

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Hydra Corporation has total equity of $300 million and 120 million shares outstanding. Its ROE is 20%. The EPS is 25%. Calculate the company's dividends per share.

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Fundamentals Of Investing

ISBN: 9780135175217

14th Edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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Posted Date: Jun 29, 2022 06:10 AM

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Hydra Corporation has total equity of $300 million and 120 million shares outstanding. Its ROE is 20%.

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Net income Equity x ROE 300 million x 20 60 million EPS Net incom... View the full answer

Fundamentals Of Investing

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