Question: Return on Common Stockholders' Equity, Dividend Yield, and Dividend Payout The following information relates to Ontario Components, Inc.: Previous Year Current Year Net income
Return on Common Stockholders' Equity, Dividend Yield, and Dividend Payout The following information relates to Ontario Components, Inc.: Previous Year Current Year Net income $65,000 $100,000 Preferred stock dividends 5,000 5,000 Average common stockholders' equity 2,000,000 2,100,000 Dividend per common share 1.50 1.50 Earnings per share 2.90 3.00 Market price per common share, year-end 27.50 30.00 a. Calculate the company's return on common stockholders' equity for each year. b. Calculate the company's dividend yield for each year. c. Calculate the company's dividend payout for each year. Round answers to one decimal point. a. Return on Common Stockholder Equity b. Dividend Yield c. Dividend Payout Check Previous Year Current Year 0% * 1% X 0% X 0% x 52 % X 0% X
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