Question: The following selected information ( in millions, except for per - share information ) is available for the National Bank of Canada for the year
The following selected information in millions, except for pershare information is available for the National Bank of Canada for the year ended October
Weighted average number of common shares in thousand:
Net income:
Income available to common shareholders:
Total dividends declared and paid on common shares:
Dividends declared and paid per common shares:
Average common shareholders equity:
Market price per common share:
Calculate the following:
Payout ratio
Dividend yield
Basic earnings per share
Return on common shareholders equity
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
