The Castle Company recently reported net profits after taxes of $14.7 million. It has 2.5 million shares of common stock outstanding and pays preferred dividends of $1 million a year. The company's stock currently trades at $121 per share. Compute the stock's earnings per share (EPS). Round the answer to two decimal places. $_______________per share What's the stock's P/E ratio? Round the answer to two decimal places. $______________ times Determine what the stock's dividend yield would be if it paid $6.9 per share to common stockholders. Round the answer to two decimal places. _______________ %
The Castle Company recently reported net profits after taxes of $14.7 million. It has 2.5 million shares of common stock outstanding and pays preferred dividends of $1 million a year. The company's stock currently trades at $121 per share. Compute the stock's earnings per share (EPS). Round the answer to two decimal places. $_______________per share What's the stock's P/E ratio? Round the answer to two decimal places. $______________ times Determine what the stock's dividend yield would be if it paid $6.9 per share to common stockholders. Round the answer to two decimal places. _______________ %
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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The Castle Company recently reported net profits after taxes of $14.7 million. It has 2.5 million shares of common stock outstanding and pays preferred dividends of $1 million a year. The company's stock currently trades at $121 per share.
- Compute the stock's earnings per share (EPS). Round the answer to two decimal places.
$_______________per share - What's the stock's P/E ratio? Round the answer to two decimal places.
$______________ times - Determine what the stock's dividend yield would be if it paid $6.9 per share to common stockholders. Round the answer to two decimal places.
_______________ %
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