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The Morton Company recently reported net profits after taxes of $11.1 million. It has 4 million shares of common stock outstanding and pays preferred dividends of $2 million a year. The company's stock currently trades at $34 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 $1.02 per share to common stockholders. Round the answer to two decimal places. %

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Financial Management, Finance

Category:- Financial Management
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