The current stock price of the Turtle Computer Company is $20 per share. A year ago the

Question:

The current stock price of the Turtle Computer Company is $20 per share. A year ago the price of the stock was $30. During the past twelve months the stock has paid dividends of $2.00 per share from earnings of $4.00 per share.
a. What is the current yield?
b. What is the current P-E ratio?
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...