P&G (Company) is paying an annual dividend of $3.48 per share, generated a return on equity of 30.76% and earnings per share of $5.69 in 2021. The Companys stock is trading at $135.00 per share.

True or False

6. _____ The dividend yield in 2021 is 61.16% (+/- .10%).

7. _____ The dividend payout in 2021 is 2.58% (+/- .10%).

8. _____ Based on recent performance and payout, the Companys sustainable growth rate is 11.95% (+/- .10%).

9. _____ The Company paid an annual dividend of $2.76 per share in 2017 and steadily increased the payment for each of the past four years. The compound, annual growth rate of dividends between 2017 and 2021 (four years) is 5.97% (+/- .10%).

10. _____ P&G appears to follow the s stable (growth) theory of dividends.