The following information relates to a company Hoar 0 0.30 0.318 0.339 Camings per share (5) Dividends per share (5) 0.13 0.132 0.139 Share price at start of year (5) 1.95 1.98 2.01 Which TWO of the following statements are correct? The dividend payout ratio is greater than 40% in every year in the period Mean growth in dividends per share over the period is 3.6% The PE Ratio is greater than 6 in every year in the period Total shareholder return for the third year in 19 486 3 0.357 0.15 2.25
The following information relates to a company Hoar 0 0.30 0.318 0.339 Camings per share (5) Dividends per share (5) 0.13 0.132 0.139 Share price at start of year (5) 1.95 1.98 2.01 Which TWO of the following statements are correct? The dividend payout ratio is greater than 40% in every year in the period Mean growth in dividends per share over the period is 3.6% The PE Ratio is greater than 6 in every year in the period Total shareholder return for the third year in 19 486 3 0.357 0.15 2.25
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 55E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...
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Transcribed Image Text:The following information relates to a company:
Year
1
Earnings por share ($)
O
0.30
0.13
0.339
0.318
0.132
Dividends per share (S)
0.139
Share price at start of year ($)
1.95
1.98
2.01
Which TWO of the following statements are correct?
The dividend payout ratio is greater than 40% in every year in the period
□ Mean growth in dividends per share over the period is 3.6%
O The PE Ratio is greater than 6 in every year in the period
O Total shareholder return for the third year is 19.4%
3
0.357
0.15
2.25
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