Financial Ratios for Common StockholdersKluster Corporation has only common stock outstanding. The firm reported earnings per share of $8.10 for the year. During the year, Kluster paid dividends of $5.04 per share. At year end the current marketprice of the stock was $83 per share.Calculate the following:Note: Round all answers to one decimal place.a. Price earnings ratio0b. Dividend yield%c. Dividend payout ratio%

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Calculate the following: Note: Round all answers to one decimal place. 3. Price earnings ratio

Survey of Accounting (Accounting I)

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Author:Carl Warren

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Chapter15: Capital Investment Analysis

Section: Chapter Questions

Problem 15.5.2MBA: Financial leverage Costco Wholesale Corporation (COST) and Wel-Mart Stroes Inc. (WMT)reported the...

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Question

Financial Ratios for Common Stockholders
Kluster Corporation has only common stock outstanding. The firm reported earnings per share of $8.10 for the year. During the year, Kluster paid dividends of $5.04 per share. At year end the current market
price of the stock was $83 per share.
Calculate the following:
Note: Round all answers to one decimal place.
a. Price earnings ratio
0
b. Dividend yield
%
c. Dividend payout ratio
%

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