Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A company's revenues are $568 million. Its operating margin is 46%, net margin is 26.6% and dividend payout ratio is 8%. Market capitalization is $519

image text in transcribed
A company's revenues are $568 million. Its operating margin is 46%, net margin is 26.6% and dividend payout ratio is 8%. Market capitalization is $519 million and there are 16 million shares outstanding. What is the dividend yield? a. 5.0% b. 2.3% C. 4.3% d. 3.8% e. 3.196

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Banking

Authors: Allyn C Buzzel

11th Edition

089982689X, 9780899826899

More Books

Students also viewed these Finance questions