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The following information is available for Nablus Corporation: ** Common Shares: January 1, 2019 Shares outstanding (Beginning) 1,250,000 April 1, 2019 Shares issued 200,000 July
The following information is available for Nablus Corporation: ** Common Shares: January 1, 2019 Shares outstanding (Beginning) 1,250,000 April 1, 2019 Shares issued 200,000 July 1, 2019 Treasury shares purchased (75,000) October 1, 2019 Shares dividend 20% December 31, 2019 Shares issued 10,000 ** Preference Shares:10%, $100, 1,000 shares issued ** Net Income for the year 2019: $2,500,000 **Dividends per common shares $1 per share, **Market price for common shares at December 31, 2019 $9.5 per share. Compute: Dividends Yield o 11 O 2 o 0.11 0.22
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