What will the earnings per share be after dividend is paid

Assignment Help Financial Management

Reference no: EM131051833

Delaware Trust has 450 shares of common stock outstanding at a market price per share of $27. Currently, the firm has excess cash of $400, total assets of $28,900, and net income of $1,320. The firm has decided to pay out all of its excess cash as a cash dividend. What will the earnings per share be after this dividend is paid?

Reference no: EM131051833

Questions Cloud

Compute the realized rate of return for an investor : Nine years ago the Singleton Company issued 20-year bonds with a 12% annual coupon rate at their $1,000 par value. The bonds had a 8% call premium, with 5 years of call protection. Today Singleton called the bonds. Compute the realized rate of return..

Knows about gram-negative k : Irene reviewed what she knows about gram-negative K. pneumoniae bacteria. Although this bacteria is part of normal intestinal microbiota, outside its typical environment it can cause serious infection. K. pneumoniae accounts for about 8% of all ..

What is the expected current yield : Current yield, capital gains yield, and yield to maturity Hooper Printing Inc. has bonds outstanding with 9 years left to maturity. The bonds have an 9% annual coupon rate and were issued 1 year ago at their par value of $1,000. However, due to chang..

Conform to the requirements of heavy timber construction : Determine from the code table in Figure 1.2 whether a building you are currently designing could be built of Heavy Timber construction and what modiÞ cations you might make in your design so that it will conform to the requirements of Heavy Timber..

What will the earnings per share be after dividend is paid : Delaware Trust has 450 shares of common stock outstanding at a market price per share of $27. Currently, the firm has excess cash of $400, total assets of $28,900, and net income of $1,320. The firm has decided to pay out all of its excess cash as a ..

Do you agree with the situation : Understanding at an early stage the role that team members usually play or the role that most likely fits each of them is of utmost importance for the successful achievement of the team goals.

What are the work will do running the business : What are some options that should be considered to fairly compensate each of the owners for what they are contributing and for the work they will do running the business?

Assume that the risk free rate of interest : Assume that the risk free rate of interest is 3%, the market risk premium is 5%, and that the Betas for Dell and General Mills are 1.2 and 0.8 respectively. According to the CAPM, what should be the required rate of return for these two stocks?

Outstanding bonds-what is the bonds price : Bond valuation Nungesser Corporation's outstanding bonds have a $1,000 par value, a 9% semiannual coupon, 13 years to maturity, and an 11% YTM. What is the bond's price? Round your answer to the nearest cent.

User Account

All Pages