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Dividend Yield Ratio, Dividend Payout Ratio Rebert Inc. showed the following balances for last year: Rebert's net income for last year was ( $ 3,282,000
Dividend Yield Ratio, Dividend Payout Ratio Rebert Inc. showed the following balances for last year:
Rebert's net income for last year was \\( \\$ 3,282,000 \\). Also, assume that the dividends paid to common stockholders for last year were \\( \\$ 2,700,000 \\) and that the market price per share of common stock is \\( \\$ 52.50 \\). Required: 1. Compute the dividends per share. Round to two decimal places. \\$ per share 2. Compute the dividend yield. Round to the nearest whole percent. \ 3. Compute the dividend payout ratio. Round to two decimal placesStep by Step Solution
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