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Financial Ratios for Common Stockholders Kluster Corporation has only common stock outstanding. The firm reported earnings per share of $5.10 for the year. During the
Financial Ratios for Common Stockholders Kluster Corporation has only common stock outstanding. The firm reported earnings per share of $5.10 for the year. During the year, Kluster paid dividends of $2.04 per share. At year end the current market price of the stock was $63 per share.
Calculate the following:
Note: Round all answers to one decimal place.
a. Price earnings ratio Answer
b. Dividend yield Answer% c. Dividend payout ratio Answer%
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