Question
The following information applies to Benson Company for 2014: Stock Market price, December 31, 2014: $50 Common shares outstanding, December 31, 2014: 100,000 Net Income
The following information applies to Benson Company for 2014:
Stock Market price, December 31, 2014: $50
Common shares outstanding, December 31, 2014: 100,000
Net Income for yr 2014: $400,000
Retained Earnings Jan 1, 2014: 100,000
On Dec 31, 2014, Benson decides to pay the maximum amount it can in dividends to it shareholders. What is the dividend yield ratio?
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Cornerstones Of Cost Accounting
Authors: Don Hansen, Maryanne M. Mowen
1st Edition
053873678X, 978-0538736787
