Real World 9.3 shows that the average dividend yield for businesses in electricity supply is nearly four
Question:
Real World 9.3 shows that the average dividend yield for businesses in electricity supply is nearly four times that of businesses in the industrial engineering sector. Why might this be the case?
Transcribed Image Text:
ARD Real World 9.3 Yielding dividends Investment ratios can vary significantly between businesses and between industries. To give some indication of the range of variations that occur, the average dividend yield ratios and average P/E ratios for listed businesses in twelve different industries are shown in Figures 9.3 and 9.4, respectively. 8 6 % 4 2 0 5.84 2.40 defence Aerospace and 2.01 Oil and gas producers Chemicals 1.91 ER MONEY MATTO 4.19 & biotechnology Pharmaceuticals Industrial engineering 5.17 Tobacco 2.69 Travel and leisure 3.19 3.24 Media General retailers 7.29 Electricity 3.62 Life assurance 2.46 3.78 Beverages liste for all SE businesses These dividend yield ratios are calculated from the current market value of the shares and the most recent year's dividend paid.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 62% (8 reviews)
The higher average dividend yield for businesses in the electricity supply sector compared to the industrial engineering sector could be attributed to ...View the full answer
Answered By
Abdul Wahab Qaiser
Before working at Mariakani, I volunteered at a local community center, where I tutored students from diverse backgrounds. I helped them improve their academic performance and develop self-esteem and confidence. I used creative teaching methods, such as role-playing and group discussions, to make the learning experience more engaging and enjoyable.
In addition, I have conducted workshops and training sessions for educators and mental health professionals on various topics related to counseling and psychology. I have presented research papers at conferences and published articles in academic journals.
Overall, I am passionate about sharing my knowledge and helping others achieve their goals. I believe that tutoring is an excellent way to make a positive impact on people's lives, and I am committed to providing high-quality, personalized instruction to my students.
0.00
0 Reviews
10+ Question Solved
Related Book For
Financial Accounting For Decision Makers
ISBN: 9781292251257
9th Edition
Authors: Peter Atrill, Eddie McLaney
Question Posted:
Students also viewed these Business questions
-
From my audit days it seemed that companies whether intentionally or not if they had inflating profits it was most common through the revenue recognition process Why do think this is the case
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
The data listed in the table on the following page are from an unpublished study by Harbin and others (1985). Subjects were young (ages 18 through 29) or old (ages 60 through 86) men. Each subject...
-
Nanette works for Piroz and is paid a basic wage of $1,000 a week. Piroz operates the following bonus scheme: (1) Each employee gets a bonus of $4 for every unit they produce in excess of 2,000 units...
-
Each of the following gross profit percentages is expressed in terms of sales. 1. 25%. 2. 20%. 3. 50%. 4. 3313%. Instructions Indicate the gross profit percentage in terms of cost for each of the...
-
question the second part i dont get Ty Dolla Sign Tyrone Griffin was born April 13, 1985, and is an American rap artist best known by his stage name Ty Dolla Sign. He signed to Atlantic Records in...
-
How valuable is computer knowledge to a forensic accountant?
-
Bowman Builders manufactures steel storage sheds for commercial use. Joe Bowman, president of Bowman Builders, is contemplating producing sheds for home use. The activities necessary to build an...
-
Required information [The following information applies to the questions displayed below.] DES Company manufactures folding chairs. Direct materials include hard plastic for the seat and back and...
-
SeaSwift plc builds luxury yachts for the international market. The most recently published income statement and statement of financial position are set out below. Since the business builds the...
-
Ali plc and Bhaskar plc both operate electrical stores throughout the UK. The financial statements of each business for the year ended 30 June 2018 are as follows: Ali plc paid a dividend of 135...
-
The "nitrogen rule" states that if a compound has an odd-mass molecular ion, the compound contains an odd number of nitrogen atoms. a. Calculate m/z the value for the molecular ion of the following...
-
The engine is working on ideal Otto cycle. The temperature at the beginning and at the end of compression is \(60^{\circ} \mathrm{C}\) and \(400^{\circ} \mathrm{C}\). Calculate the air standard...
-
According to the American Veterinary Medical Association (AVMA), 38.4% of households in the United States own a dog as a pet (AVMA website). Suppose that a company that sells dog food would like to...
-
Which are the main cost types in inventory valuation for manufacturing companies? What are the criteria for their classification?
-
Which are the two fundamental decisions associated with inventory valuation of a manufacturing firm? What are the key questions they answer?
-
What is the underlying accounting principle of absorption costing? What is the major weakness of this method?
-
Assuming that the United States' output is characterized by a Cobb-Douglas production function with constant returns to scale and that the elasticity of output with respect to the capital input...
-
Place a tick in the appropriate grid to identify the balance that would be brought down in each of the following named accounts, in the books of Rizwy Mohamed: (a) In the Cash account: if Rizwy...
-
Spratley Ltd is a builders merchant. On 1 September the business had, as part of its inventories, 20 tonnes of sand at a cost of £18 per tonne and, therefore, at a total cost of £360....
-
Spratley Ltd is a builders merchant. On 1 September the business had, as part of its inventories, 20 tonnes of sand at a cost of £18 per tonne and, therefore, at a total cost of £360....
-
The following is the statement of financial position of TT and Co. (see Self-Assessment Question 3.1 on page 113) at the end of its first year of trading: Statement of financial position as at 31...
-
mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Flms.mheducation.com%252F nt Chapter 24 i ces Saved 8 * Help Save & Exit Problem 24-6A (Algo) Net present...
-
Task 1: Use the monthly returns of MSFT and Walmart between June 2007 and June 2022 to do the following (include June 2022 in your calculation): a) Calculate each stock's arithmetic average using the...
-
Jable 3-7 Cash-Flow Calendar for Harry and Belinda Johnson Month Income 1 Estimated 2 Estimated Expenses 3 Surplus/ Deficit (1-2) Cumulative Surplus/Deficit January $ 10,510 $ 10,277 $233 $ 233...
Study smarter with the SolutionInn App