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Return on Common Stockholders' Equity, Dividend Yield, and Dividend Payout The following information relates to Litchfield, Inc.: 2015 2016 Net income $95,000 $120,000 Preferred stock

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Return on Common Stockholders' Equity, Dividend Yield, and Dividend Payout The following information relates to Litchfield, Inc.: 2015 2016 Net income $95,000 $120,000 Preferred stock dividends 15,000 15,000 Average common stockholders' equity 4,000,000 4,200,000 Dividend per common share 2.70 3.00 Earnings per share 5.80 5.90 59.50 58.00 Market price per common share, year-end a. Calculate the company's return on common stockholders' equity for 2015 and 2016. b. Calculate the company's dividend yield for 2015 and 2016. c. Calculate the company's dividend payout for 2015 and 2016. Round answers to one decimal point. 2015 2016 96 96 96 96 a. Return on Common Stockholder Equity b. Dividend Yield c. Dividend Payout 96 96

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