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Amazon Inc. has issued 3,000,000 ordinary shares at a nominal value of $2 each. The company has declared a dividend payout of 5% from its
Amazon Inc. has issued 3,000,000 ordinary shares at a nominal value of $2 each. The company has declared a dividend payout of 5% from its after-tax profit of $1,500,000. The sales for the year were reported at $20 million, and the market price per share stands at $3.50. Calculate the following:
1.Dividend per share
2.Dividend payout ratio
3.Return on equity
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