Dungeoness Corporation has excess cash of $2,600 that it would like to distribute to shareholders...
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Dungeoness Corporation has excess cash of $2,600 that it would like to distribute to shareholders as an extra dividend. Current earnings are $1.20 per share, and the stock currently sells for $30 per share. There are 190 shares outstanding. Ignore taxes and other imperfections. If Dungeoness Corp pays a cash dividend, what will be the dividend per share? After the dividend is paid, what will the price per share be? What are earnings por share (EPS) and the price earnings (P/E) ratio? Enter your answers founded to 2 DECIMAL PLACES. Dividend per share Number Price per share - Number Earnings per share (EPS) = Number Price earnings (P/E) ration Number
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