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See image for questions to be answers (A, B an Return on Common Stockholders' Equity, Dividend Yield, and Dividend Payout The following information relates to
See image for questions to be answers (A, B an
Return on Common Stockholders' Equity, Dividend Yield, and Dividend Payout The following information relates to Litchfield, Inc.: Net income Preferred stock dividends Average common stockholders' equity Dividend per common share Earnings per share Market price per common share, year-end 2015 1 s,ooo 2.80 5.80 58.00 2016 $1 soooo 18,000 3.20 6.00 59.50 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 a. b. Return on Common Stockholder Equity Dividend Yield Dividend Payout 2016 961 961 961
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