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Ratio Analysis Consider the following information. Stock price $55/share Avg. common shares outstanding 850,000 Common dividends $765,000 Dividends per common share $0.90/share Preferred dividends
Ratio Analysis Consider the following information. Stock price $55/share Avg. common shares outstanding 850,000 Common dividends $765,000 Dividends per common share $0.90/share Preferred dividends 2019 preferred stock 2019 total stockholders' equity Purchases of treasury stock $238,800 $6,162,000 $28,435,000 $120,000 Net income $15,485,000 2018 preferred stock $5,299,000 2018 total stockholders' equity $25,483,000 Required: 1. Calculate the stockholder payout ratios. Round answers to two decimal places and use rounded amounts in subsequent calculations. Dividend Yield 1.636 X % R Dividend Payout Total Payout Stock Repurchase Payout 4.94 % 6.482 X % 0.257 X % 2. Calculate the stockholder profitability ratios. Round answers to two decimal places. 2019 Return on Common Equity Earnings per Share 71.819 X % 17.94 per share
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