Dividend Payout Ratio Previous Year Current Year Net Income $35,000 $48,000 Average stockholders' equity 1,000,000 1,500,000 Dividend per common share 1.90 2.00 Earnings per share 2.85 3.20 Market price per common share, year-end 19.00 21.00 Calculate the dividend payout for Evans & Sons for each year. Did the dividend payout increase? Numerator Denominator Dividend Payout Ratio Answer Answer Previous Year Answer Answer Current Year Answer Answer
Dividend Payout Ratio Previous Year Current Year Net Income $35,000 $48,000 Average stockholders' equity 1,000,000 1,500,000 Dividend per common share 1.90 2.00 Earnings per share 2.85 3.20 Market price per common share, year-end 19.00 21.00 Calculate the dividend payout for Evans & Sons for each year. Did the dividend payout increase? Numerator Denominator Dividend Payout Ratio Answer Answer Previous Year Answer Answer Current Year Answer Answer
Chapter15: Dividend Policy
Section: Chapter Questions
Problem 1P
Related questions
Question
Dividend Payout Ratio
Previous Year | Current Year | |
---|---|---|
Net Income | $35,000 | $48,000 |
Average |
1,000,000 | 1,500,000 |
Dividend per common share | 1.90 | 2.00 |
Earnings per share | 2.85 | 3.20 |
Market price per common share, year-end | 19.00 | 21.00 |
Calculate the dividend payout for Evans & Sons for each year. Did the dividend payout increase?
Numerator | Denominator | Dividend Payout Ratio | |
---|---|---|---|
Answer | Answer | ||
Previous Year | Answer | Answer | |
Current Year | Answer | Answer |
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