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Dividend Yield and Dividend Payout The following information is available for West Texas Waste Management Inc. (WTWM). Year 1 Year 2 Year 3 Dividends
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 Earnings per share $0.03 $0.06 $0.12 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 0% 09 Year 2 0% 0% Year 3 09 096 Which factor-dividends or earnings-seems to be driving WTWM's share price movement?
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