Question
Consider the following information for MedTech Company: Total assets $240 million Total debt $115 million Preferred stock $25 million Common shareholders equity $100 million Net
Consider the following information for MedTech Company:
Total assets | $240 million |
Total debt | $115 million |
Preferred stock | $25 million |
Common shareholders equity | $100 million |
Net profit after tax | $22.5 million |
Number of preferred stock outstanding | 1 million shares |
Number of common stock outstanding | 10 million shares |
Preferred dividends paid | $2 per share |
Common dividends paid | $0.75 per share |
Market price of preferred stock | $30.75 per share |
Market price of common stock | $25.00 per share |
Using the above information, find the following:
a) Thestocksearningspershare(EPS) b) The dividend payout ratio c) The dividend yield on the common stock
d) The dividend yield on the preferred stock
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