Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A company's revenues are $623 million. Its operating margin is 43%, net margin is 21.7% and dividend payout ratio is 10%. Market capitalization is $440
A company's revenues are $623 million. Its operating margin is 43%, net margin is 21.7% and dividend payout ratio is 10%. Market capitalization is $440 million and there are 21 million shares outstanding. What is the dividend yield?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started