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Financial Ratios for Common Stockholders kluster Corporation has only common stock out-standing. The firm reported earnings per share of $5.25 for the year. During the

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Financial Ratios for Common Stockholders kluster Corporation has only common stock out-standing. The firm reported earnings per share of $5.25 for the year. During the year, Kluster paid dividends of $2.10 per share. At year end the current market price of the stock was $63 per share. Calculate the following (Round to 1 decimal point a. Year-end price-earnings ratio b. Dividend yield 9% c. Dividend payout ratio 96

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