Genera: Electric Company had earnings per share of ($ 1.72) for 2005 and ($ 1.56) for 2004.

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Genera: Electric Company had earnings per share of \(\$ 1.72\) for 2005 and \(\$ 1.56\) for 2004. In addition, the dividends per share were \(\$ 0.91\) for 2005 and \(\$ 0.82\) for 2004. The market price of GE's stock closed at \(\$ 35.05\) and \(\$ 36.50\) on December 31, 2005 and 2004, respectively.

a. Determine the dividend yield for General Electric on December 31, 2005 and 2004. Round percentages to two decimal places.

b. Interpret these measures.objs. 2, 3, 4, 6

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Financial Accounting

ISBN: 9780324380675

10th Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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