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The following summary of the payout, dividend yield, and basic earnings per share ratios is available for four years ended December 31 for Cineplex Inc.:
The following summary of the payout, dividend yield, and basic earnings per share ratios is available for four years ended December 31 for Cineplex Inc.: Payout ratio Dividend yield Basic earnings per share 2018 137.5% 6.76% $1.22 2017 159.7% 4.47% $1.11 2016 75.5% 3.12% $1.26 2015 108.9% 3.24% $2.13 (1) Your answer is correct. Determine the common dividends per share in each of the years shown above. (Round answers to 2 decimal place e.g. 5.25.) Common dividends per share $ 1.68 2018 $ $ 2017 $ 1.78 2016 $ 0.95 $ $ 2015 2.32 Derive the company's share price for 2018 and 2017 by using the common dividends per share calculated in part (a) above. (Round answers to 2 decimal place e.g. 5.25.) Market price per share $ 2018 $ $ 2017
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