Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Required: Round your answers to two decimal places. 1. Calculate the following for 2020: Stockholder Payout: Dividend yield 2.14 % Dividend payout 20.82 % Total

image text in transcribedimage text in transcribed

Required: Round your answers to two decimal places. 1. Calculate the following for 2020: Stockholder Payout: Dividend yield 2.14 % Dividend payout 20.82 % Total payout 84.11 % Stock repurchase payout 63.29 % Stockholder Profitability: 35.82 X % Return on common equity EPS $ per 5.68 share Ratio Analysis Consider the following information taken from the stockholders' equity section: (dollar amount in thousands) 2020 2019 Preferred stock $2,000 $1,000 2,300 1,760 Common stock, 230,000,000 and 176,000,000 shares issued in 2020 and 2019, respectively Additional paid-in capital-common stock 567,000 432,000 Retained earnings 4,604,600 3,700,000 (454,600) 147,000 Accumulated other comprehensive (loss) income Treasury stock (37,000,000 and 19,000,000 shares in 2020 and 2019, respectively) at cost Total stockholders' equity (1,750,000) (975,000) $2,970,300 $3,307,760 2020 204,000 Additional Information (all numbers in thousands other than per-share information): Weighted average common shares outstanding Price per share at year end Net income Preferred dividends Common dividends $ 65.31 $1,224,600 $65,000 $255,000 Common dividends per share $1.4 Stock repurchases $775,000

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_2

Step: 3

blur-text-image_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

Managerial Accounting Tools for business decision making

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

5th edition

470506954, 471345881, 978-0470506950, 9780471345886, 978-0470477144

More Books

Students also viewed these Accounting questions