Question: L09 E11-10B. Return on Common Stockholders' Equity Dividend Yield, and Dividend Payout The following information relates to Litchfield, Inc.: 2015 2016 $125,000 150,000 15,000 18,000

L09 E11-10B. Return on Common Stockholders' Equity Dividend Yield, and Dividend

L09 E11-10B. Return on Common Stockholders' Equity Dividend Yield, and Dividend Payout The following information relates to Litchfield, Inc.: 2015 2016 $125,000 150,000 15,000 18,000 Average common stockholders' Dividend per common share . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . .. . . . Market price per common share, year-end... . . . . .. . . . . . . . . . . . 2.80 5.80 58.00 3.20 6.00 59.50 a. Calculate the company's return on common stockholders' equity for 2015 and 2016. b. Calculate the company's dividend yield for 2015 and 2016. c. Calculate the company's dividend payout for 2015 and 2016

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