James Company reported a net income of $700,000 for the year. During the year, the company...

 

 

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James Company reported a net income of $700,000 for the year. During the year, the company declared a dividend of $3.80 per share to the 50,000 common shares outstanding. The dividends were paid by the end of the year. What was the company's dividend payout ratio? Dennis Company reported a net income of $550,000 for the year. During the year, the company had an average of 200,000 common shares outstanding. All the dividends declared were paid by the end of the year, including $3.60 per share on its common stock. At the end of the year, the company's common stock is selling at $62 per share. What was the company's dividend yield ratio? James Company reported a net income of $700,000 for the year. During the year, the company declared a dividend of $3.80 per share to the 50,000 common shares outstanding. The dividends were paid by the end of the year. What was the company's dividend payout ratio? Dennis Company reported a net income of $550,000 for the year. During the year, the company had an average of 200,000 common shares outstanding. All the dividends declared were paid by the end of the year, including $3.60 per share on its common stock. At the end of the year, the company's common stock is selling at $62 per share. What was the company's dividend yield ratio?

Answer rating: 100% (QA)

The dividend payout ratio is a financial ratio that indicates the proportion of a companys earnings ... View the full answer