B&O Railroad Inc. transports industrial products and supplies throughout the North Eastern United States. Selected financial information for B&O is provided in the table below. B&O is considering a stock dividend of 5%. What will earnings-per-share be after the dividend? B&O Railroad Inc.
Selected Financial Information
$$\begin{array} { | l | c | }
\hline \text { Stock Price } & \$ 68 \
\hline \text { EPS } & \$ 6.00 \
\hline \text { Dividends per share } & \$ 1.24 \
\hline \text { Payout Ratio } & 20.66 \% \
\hline \text { Shares Outstanding } & 150 \mathrm { M }\
\hline
\end{array}$$

Question

B&O Railroad Inc. transports industrial products and supplies throughout the North Eastern United States. Selected financial information for B&O is provided in the table below. B&O is considering a stock dividend of 5%. What will earnings-per-share be after the dividend? B&O Railroad Inc.
Selected Financial Information
$$\begin{array} { | l | c | } 
\hline \text { Stock Price } & \$ 68 \
\hline \text { EPS } & \$ 6.00 \
\hline \text { Dividends per share } & \$ 1.24 \
\hline \text { Payout Ratio } & 20.66 \% \
\hline \text { Shares Outstanding } & 150 \mathrm { M }\
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of B&O Railroad Inc. transports industrial products and supplies throughout the North Eastern United States. Selected financial information for B&O is provided in the table below. B&O is considering a stock dividend of 5%. What will earnings-per-share be after the dividend? B&O Railroad Inc.
Selected Financial Information
$$\begin{array} { | l | c | } 
\hline \text { Stock Price } & \$ 68 \
\hline \text { EPS } & \$ 6.00 \
\hline \text { Dividends per share } & \$ 1.24 \
\hline \text { Payout Ratio } & 20.66 \% \
\hline \text { Shares Outstanding } & 150 \mathrm { M }\
\hline
\end{array}$$

B&O Railroad Inc A)$366 B)$4

B&O Railroad Inc A)$366
B)$4