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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 | ||
| b. Dividend yield | ||
| c. Dividend payout |
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