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Question: Rebert Inc. showed the following balances for last year:

379_Robert Inc.png

Rebert's net income for last year was $3,182,000.

Dividend Yield Ratio, Dividend Payout Ratio 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.

3. Compute the dividend payout ratio.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92507184
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