I'm having trouble calculating the Dividend Payout and Totaly Payout. Also, I calculated 5.018 for...
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I'm having trouble calculating the Dividend Payout and Totaly Payout. Also, I calculated 5.018 for the Dividend Payout and it still said that was wrong. Any clarification would be appreciated!
850,000 $0.90/share $15,485,000 $5,299,000 Consider the following information. Stock price $55/share Avg. common shares outstanding Common dividends $765,000 Dividends per common share Preferred dividends $238,800 Net income 2019 preferred stock $6,162,000 2018 preferred stock 2019 total stockholders' equity $28,435,000 2018 total stockholders' equity Purchases of treasury stock $120,000 Required: 1. Calculate the stockholder payout ratios. (Note: Round answers to three decimal places.) Dividend Yield 1.636 % $25,483,000 Dividend Payout 5.017 X % Total Payout 6.482 X % Stock Repurchase Payout 0.775 % 2. Calculate the stockholder profitability ratios. (Note: Round answers as follows: Return on Common Equity to three decimal places; Earnings per Share to two decimal places.) 2019 Return on Common Equity 71.81996
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