Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

llowing information for questions 1 - 5 In 2023, Coca-Cola Inc. (KO) had net income of $10.7B, outstanding share count of 4.3B, and a

image text in transcribed

llowing information for questions 1 - 5 In 2023, Coca-Cola Inc. (KO) had net income of $10.7B, outstanding share count of 4.3B, and a price at 12/31/23 of $58.46. KO also paid total dividends of $8.0B over the course of the year. 1. Calculate the Earnings per Share or EPS 2. Calculate the Dividends per Share or DPS 3. Calculate the Dividend Payout Ratio 4. Calculate the Retention Ratio 5. Calculate the Dividend Yield I downloaded some data about Coca-Cola, Inc. (KO). Company Coca-Cola, Inc. Ticker KO Dividends Per Share 2018 $1.56 2019 $1.60 2020 $1.64 2021 $1.68 2022 $1.76 2023 $1.84 CAGR ($1.84) (1/5)-1= (1.179487) 0.20-1 = 1.033567-1=0.0336 = 3.36% 6. Last year, the dividend payment was $1.84 per share. Based on the five-year history, we see dividends per share grew at a co

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

blur-text-image

Step: 3

blur-text-image

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

Finance for Executives Managing for Value Creation

Authors: Gabriel Hawawini, Claude Viallet

4th edition

9781133169949, 538751347, 978-0538751346

More Books

Students also viewed these Finance questions

Question

What are the purposes of promotion ?

Answered: 1 week ago