Cornerstones of Managerial Accounting 6th Edition by Maryanne Mowen,Don Hansen ,Dan Heitger

تمرين 4

Dividend Yield Ratio, Dividend Payout Ratio
Rebert Inc. showed the following balances for last year:

Rebert's net income for last year was $3,182,000.
Refer to the information for Rebert Inc. above. Also, assume that the dividends paid to common stockholders for last year were $2,600,000 and that the market price per share of common stock is $51.50.
Required:
1. Compute the dividends per share.
2. Compute the dividend yield. ( Note : Round to two decimal places.)
3. Compute the dividend payout ratio. ( Note : Round to two decimal places.)