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The following information relates to Waterloo Components, Inc.: Year 1 Year 2 Net income $55,000 $75,000 Preferred stock dividends 5,000 5,000 Average common stockholders equity
The following information relates to Waterloo Components, Inc.: Year 1 Year 2 Net income $55,000 $75,000 Preferred stock dividends 5,000 5,000 Average common stockholders equity 2,000,000 2,100,000 Dividend per common share 1.50 1.60 Earnings per share 2.90 2.95 Market price per common share, year-end 29.50 30.00 Calculate the following ratios for both years: (Round to one decimal place.) Year 1 Year 2 a. Return on common stockholders equity Answer Answer b. Dividend yield Answer Answer c. Dividend payout
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