Question
Dividend Yield and Dividend Payout The following information is available for West Texas Waste Management Inc. (WTWM). Year 1 Year 2 Year 3 Dividends per
Dividend Yield and Dividend Payout The following information is available for West Texas Waste Management Inc. (WTWM).
| Year 1 | Year 2 | Year 3 | |
|---|---|---|---|
| Dividends per share | $0.02 | $0.04 | $0.08 |
| Earnings per share | 1.07 | 1.28 | 1.41 |
| Market price per share | 16.00 | 19.00 | 21.00 |
Calculate WTWM's dividend payout ratio and dividend yield for Year 1 through Year 3.
Round all answers to one decimal place.
| Dividend Payout | Dividend Yield | |
|---|---|---|
| Year 1 | Answer% | Answer% |
| Year 2 | Answer% | Answer% |
| Year 3 | Answer% | Answer% |
Which factor-dividends or earnings-seems to be driving WTWM's share price movement?
Answer
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