Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 29, 2022

Hydra Corporation has total equity of $300 million and 120 million shares outstanding. Its ROE is 20%. The EPS is 25%. Calculate the company's dividends

Hydra Corporation has total equity of $300 million and 120 million shares outstanding. Its ROE is 20%. The EPS is 25%. Calculate the company's dividends per share.

Step by Step Solution

★★★★★

3.34 Rating (160 Votes )

There are 3 Steps involved in it

Step: 1

Net income Equity x ROE 300 million x 20 60 million EPS Net incom... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals Of Investing

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

14th Edition

0135175216, 978-0135175217

More Books

Students also viewed these Finance questions

Question

★★★★★

Goodstuff Corporation has total equity of $500 million and 100 million shares out-standing. Its ROE is 15%. The dividend payout ratio is 33.3%. Calculate the companys dividends per share (round to...

Answered: 1 week ago

Question

★★★★★

Activity 1: Crossword Puzzle Across 4. Ratio measuring how expensive a company's stock price is compared to EPS (2 words) 6. Shares bought back from investors 7. Solvency ratio that measures how debt...

Answered: 1 week ago

Question

★★★★★

The Edelman Gem Company, a small jewelry manufacturer, has been successful and has enjoyed a good growth trend. Now Edelman is planning to go public with an issue of common stock , and it faces the...

Answered: 1 week ago

Question

★★★★★

All of the following companies manufacture toasters. The following costs were incurred by each company during September: Required: 1. What is the total conversion cost for Warner Co.? 2. What is the...

Answered: 1 week ago

Question

★★★★★

How can a change in the money supply lead to a change in the price level?

Answered: 1 week ago

Question

★★★★★

Determine the stability region for the causal system by computing its poles and restricting them to be inside the unitcircle. H(:) 1+ a1 + a2:-2

Answered: 1 week ago

Question

★★★★★

In what ways are positive interventions unique and different from the majority of existing work interventions?

Answered: 1 week ago

Question

★★★★★

APR and EAR should lending laws be changed to require lenders to report EARs instead of APRs? Why or why not?

Answered: 1 week ago

Question

★★★★★

4) A financial institution has just bought 4-month European call options on the Chinese yuan. Suppose that the spot exchange rate is 14 cents per yuan, the exercise price is 15 cents per yuan, the...

Answered: 1 week ago

Question

★★★★★

Shell Company, an 85% owned subsidiary of Plaster Company, sells merchandise to Plaster Company at a markup of 20% of selling price. During 2019 and 2020, intercompany sales amounted to $442,500 and...

Answered: 1 week ago

Question

★★★★★

Imagine that we set a target of ensuring more households build a disaster supply kit and stockpile extra stored food and water for a disaster or other emergency situation. We do that by: 1) showing...

Answered: 1 week ago

Question

★★★★★

Change is inevitable when it comes to health and healthcare. Patients are going to have changing diagnoses and have a change in health at any time. In this case study, we saw a few things change...

Answered: 1 week ago

Question

★★★★★

In the Final dept of OMEGA Co. materials are introduced when processing is half-done. In May 19x6, charges to this department were: May 1 inventory, 15000 units (40% done) Received from prior...

Answered: 1 week ago

Question

★★★★★

Blade Angle of Attack. The BK 117 helicopter has the following characteristics: m = 3200 kg f = 1.55 m2 (estimated) _T = 8 = 0.074 = 6.61 (at sea level) R = 5.5 m V_tip = 221 m/s a = 5.79 per radian...

Answered: 1 week ago

Question

★★★★★

Data for Manufacturing Division of a company is as follows: Manufacturing Division Division Current ROI 25% Projected ROI on new Investment Project 17% Corporate Average ROI 15% Investment Required...

Answered: 1 week ago

Question

★★★★★

Income statements for the most recent period for each product line are presented below: Product A Product B Product C Sales $3,000 $900 $480 -Variable manufacturing costs -2,100 - 700 - 300 -Variable...

Answered: 1 week ago

Question

★★★★★

CP 14-3 Required: For each of the following items indicate whether it increases, decreases, or has no effect (N/E) on cash flow: Cash flow Inc. Dec. N/E 1. Earning net income for the yel 2....

Answered: 1 week ago

Question

★★★★★

What is the ideal number of children to have? This question was asked on the Sullivan Statistics Survey I. Draw a dot plot of the variable Children from theSullivanStatsSurveyI data set at...

Answered: 1 week ago

Question

★★★★★

One of the unique features of futures contracts is that they have only one source of returnthe capital gains that can accrue when price movements have an upward bias. Remember that there are no...

Answered: 1 week ago

Question

★★★★★

Over the past 10 years, Molly ORourke has slowly built a diversified portfolio of common stock. Currently her portfolio includes 20 different common stock issues and has a total market value of...

Answered: 1 week ago

Question

★★★★★

From the Wall Street Journal, a website such as Yahoo! Finance, or some other source, obtain a current estimate of the risk-free rate (use a 10-year Treasury bond). Use the Value Line Investment...

Answered: 1 week ago

Question

★★★★★

Here is an example that provides a comparison between influence diagrams and decision trees. a. Suppose you are planning a party, and your objective is to have an enjoyable party for all the guests....

Answered: 1 week ago

Question

★★★★★

Identify the basic elements of a real-estate investors decision situation. What are the investors objectives? Is the situation dynamic, that is, are there sequential decisions? What are some of the...

Answered: 1 week ago

Question

★★★★★

Describe in your own words the difference between a means objective and a fundamental objective. Why do we focus on coming up with attribute scales that measure accomplishment of fundamental...

Answered: 1 week ago

Previous Question Next Question