Calculate the companys dividend payout ratio

Assignment Help Financial Management

Reference no: EM13927222

1. Concave Systems presently has earnings before interest and taxes of $3 million. Its interest expenses are $500,000 a year, and it pays $600,000 in annual dividends to its shareholders. Concave has 300,000 common shares outstanding, and its tax rate is 40 percent. Its annual capital expenditures are $900,000. Concave's present price- to-earnings ratio is 12.

a. Calculate the company's earnings per share.

b. Calculate the company's dividend payout ratio.

c. Calculate the company's dividend yield.

14. On Friday, August 6, the board of directors of Cisco Industries declares a $0.22 quarterly dividend payable on September 15 to stockholders of record on Tuesday, August 24. When is the ex-dividend date? If you purchase the stock on this date, are you entitled to receive the dividend?

Reference no: EM13927222

Questions Cloud

Guide to managing and maintaining your pc : Write your response to the following: Based on Ch. 12 & 14 of A+ Guide to Managing and Maintaining Your PC, prepare a 10-item list of troubleshooting techniques you must complete to speed up a slow Microsoft® Windows® 7 startup.

Decision about building a hospital : Is it possible that the board has already seen information that could be used to make a decision about building a hospital in that part of town, and may have decided not to apply-why not?

Objective of financial reporting : 1. Which of the following is NOT normally an objective of financial reporting? 2. As independent (or external) auditors, CPAs are primarily responsible for

Installing of hardwares : When replacing a failing hard drive, unplug the computer and press the power button to drain the electricity (Andrews, 2010).

Calculate the companys dividend payout ratio : Calculate the company's earnings per share. Calculate the company's dividend payout ratio. Calculate the company's dividend yield.

Legal and ethical consideration in marketing : In this paper I will identify three ethical issues relating to marketing and advertising, intellectual property, and regulation of product safety. I will argue against Direct-to-Consumer (DTC) marketing by drug companies.

Critique of employee retention committee meeting : Perform a detailed critique of the Employee Retention Committee meeting. List the occurrences or omissions that you believe indicate faulty committee practice, and state why you believe so and what should have been done differently.

Define and explain risk factors and protective factors : Define and explain risk factors and protective factors as they relate to drug use and abuse; what "pros" do you see in this model? What "cons"? In other words, if you were designing a new program, would this model be useful to you? Explain why or ..

What capital outlays are planned for the coming year : If all capital outlays are funded from retained earnings and new borrowings and if Clynne follows a residual dividend policy, what capital outlays are planned for the coming year?

User Account

All Pages