Question
16) The stock of Pills Berry Company is currently selling at $90 per share. The firm pays a dividend of $2.75 per share. a. What
16)
The stock of Pills Berry Company is currently selling at $90 per share. The firm pays a dividend of $2.75 per share.
| a. | What is the annual dividend yield? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) |
| Dividend yield | % |
| b. | If the firm has a payout rate of 40 percent, what is the firms P/E ratio? (Do not round intermediate calculations and round your answer to 2 decimal places.) |
| P/E ratio | times |
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Fundamentals Of Financial Management
Authors: Richard Bulliet, Eugene F Brigham, Brigham/ Houston
11th Edition
1111795207, 9781111795207
