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How do I solve the second portion of this problem? I was wondering if someone could help me find the Annual Dividend Per Share step
How do I solve the second portion of this problem? I was wondering if someone could help me find the Annual Dividend Per Share step by step and then the divident yield
Data for Manson State Bank follow (Click the icon to view the data.) Evaluate the common stock of Manson State Bank as an investment. Specifically, use the three stock ratios to determine whether the common stock has increased or decreased in attractiveness during the past year. Begin by selecting the formula to calculate the earnings ratio Pricelearnings ratio Market price per share of common stock Eamings per share Data Table Now, calculate the price/ ratio for 2016 and 2015. (Round interim calculations to the nearest cent, $XXX and your answers to two earnings 2016: 34.9 2016 2015 2015: 28.57 Net Income 61,250 51,900 Select the formula to calculate the dividend yield. Dividends Common 8,000 8,000 Dividend yield Annual dividend per share Market price per share 6.200 6.200 Dividends Preferred Now, calculate the dividend yield on common stock for 2016 and 2015. (Round interim calculations to the nearest cent, $x.xx, and your fi Total Stockholders' Equity at Year-End (ncludes 85,000 shares of common stock) 750,000 600,000 2016: Preferred Stock 200.000 200.000 2015: 8.50 2.00 Market Price per Share of Common Stock Print Done Enter your answer in the edit fields and then click CheckStep by Step Solution
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