In 2015,Voyage Company had earnings per share of $45 and paid a dividend of $15 per share.The dividend yield was 8%.The book value per share is $100.The dividend payout ratio was:
A) 4.167
B) 3.0000
C) 0.3333
D) 0.1500

Name: In 2015,Voyage Company had earnings per share of $45 and paid a dividend of $15 per share.The dividend yield was 8%.The book value per share is $100.The dividend payout ratio was: A) 4.167 B) 3.0000 C) 0.3333 D) 0.1500
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Quizplus · Accepted Answer

DPS / EPS = 15 / 45 = .3333

In 2015,Voyage Company Had Earnings Per Share of $45 and Paid