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The following financial information is available for Grouper Corporation. (in millions) 2022 2021 Average common stockholders equity $2,500 $2,625 Dividends declared for common stockholders 297
The following financial information is available for Grouper Corporation.
(in millions) | 2022 | 2021 | ||
---|---|---|---|---|
Average common stockholders equity | $2,500 | $2,625 | ||
Dividends declared for common stockholders | 297 | 616 | ||
Dividends declared for preferred stockholders | 35 | 35 | ||
Net income | 500 | 560 |
Calculate the payout ratio and return on common stockholders equity for 2022 and 2021. (Round answers to 1 decimal place, e.g. 12.5%)
2022 | 2021 | |||||
---|---|---|---|---|---|---|
Payout ratio | enter payout ratio in percentages | % | enter payout ratio in percentages | % | ||
Return on common stockholders equity | enter return on common stockholders equity ratio in percentages | % | enter return on common stockholders equity ratio in percentages | % |
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