Use the information on Newell Rubbermaid shown here to answer the questions below. SHOW WORK. Current stock

Question:

Use the information on Newell Rubbermaid shown here to answer the questions below. SHOW WORK.

Current stock price $21.90

Beta 1.70

Annual Dividend $0.60

Earnings per Share $1.28

Total Shares Outstanding 287 million

Assets $6.16 billion

Liabilities $4.31 billion

a. Find the dividend yield. Express as a percentage rounded to the tenths.

b. Find the payout ratio rounded to the nearest whole percent, and explain what a payout ratio means. (Stating the formula is not an explanation.)

c. Find the book value of the company. Newell Rubbermaid does not have preferred shares.

d. Find the market capitalization of the company. Also, state whether this is a small-cap, mid-cap, or large-cap stock, and explain how you know.

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...