Question & Answer: Dividend Yield Ratio, Dividend Payout Ratio Robert Inc. showed the following balances for last year: * For common stock only. Re…..

resource from Cengage Learning-Microsoft Edge akeAssignmentMain.do?invoker-assignments&takeAsi gnmentSessionl ocator- assignment-take&inprogress-false eBook Calculator Dividend Yield Ratio, Dividend Payout Ratio Rebert Inc. showed the following balances for last year: January 1 Stockholders equity: Preferred stock, $100 par, 8% 4,000,000 3,000,000 4,800,000 4,000,000 15,800,000 4,000,000 3,000,000 4,800,000 4,250,000 $16,050,000 Common stock, $3 par Additional paid-in capital Retained earnings Total stockholders equity For common stock only Reberts net income for last year was $3,182,000. Also, assume that the dividends paid to common stockholders for last year were $2,600,000 and that the market price per share of common stock is $51.50 Required: 1. Compute the dividends per share. Round to two decimal places. per share 2. Compute the dividend yield. Round to the nearest whole percent. 3. Compute the dividend payout ratio. Round to two decimal places. Check My Work Previous All work saved Save and Exit Submit Assignment for Grading

Dividend Yield Ratio, Dividend Payout Ratio Robert Inc. showed the following balances for last year: * For common stock only. Rebert’s net Income for last year was $3,182,000. Also, assume that the dividends paid to common stockholders for last year were $2,600,000 and that the market price per share of common stock is $51.50. Required: 1. Compute the dividends per share. Round to two decimal places. $ __________ per share 2. Compute the dividend yield. Round to the nearest whole percent. ___________ % 3. Compute the dividend payout ratio. Round to two decimal places. ___________

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