Compute the stock earnings per share

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The Morton Company recently reported net profits after taxes of $14.7 million. It has 3.5 million shares of common stock outstanding and pays preferred dividends of $1.5 million a year. The company's stock currently trades at $90 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 $2.61 per share to common stockholders. Round the answer to two decimal places.

%

Reference no: EM131615737

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