Question: Return on Common Stockholders Equity, Dividend Yield, and Dividend Payout The following information relates to Litchfield, Inc 05 Section 05- Financial 2015 2016 Net income
Return on Common Stockholders Equity, Dividend Yield, and Dividend Payout The following information relates to Litchfield, Inc 05 Section 05- Financial 2015 2016 Net income Preferred stock dividends Average common stockholders' equity Dividend per common share Earnings per share Market price per common share, year-end $140,000 $180,000 15,000 15,000 4,000,000 4,200,000 3.50 5.90 58.00 59.50 3.30 5.80 5 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. Round answers to one decimal point. r 7 r 8 2015 2016 a. Return on Common Stockholder Equity 2.8 % er 10 b. Dividend Yield er 11 c. Dividend Payout
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