Calculate the earnings per share and price-earnings ratio

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Question - The following financial information is available for Sandhill Ltd. as at December 31 (in thousands, except for per share amounts):

 

2021

2020

2019

Profit

$1,899

$2,046

$2,556

Preferred share dividends (total)

$73

$43

$30

Weighted average number of common shares

482

480

481

Dividends per common share

$2.50

$2.25

$2.10

Market price per common share

$43.00

$49.75

$56.25

Required - Calculate the earnings per share, price-earnings ratio, and payout ratio for the common shareholders for each of the three years.

Reference no: EM133071007

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