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The Longmire Company recently reported net profits after taxes of $34.5 million. It has 3.8 million shares of common stock outstanding and pays preferred dividends

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The Longmire Company recently reported net profits after taxes of $34.5 million. It has 3.8 million shares of common stock outstanding and pays preferred dividends of $2.2 million per year. a. Compute the firm's earnings per share (EPS). b. Assuming that the stock currently trades at $54.69 per share, determine what the firm's dividend yield would be if it paid $2.55 per share to common stockholders. c. What would the firm's dividend payout ratio be if it paid $2.55 per share in dividends? a. The firm's EPS is $ (Round to the nearest cent.)

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