Question: Calculating key stock performance metrics The Morton Company recently reported net profits after taxes of $16.4 million. It has 2.5 million shares of common stock outstanding and pays preferred dividends of $2 million a year. The company's stock currently trades at $73 per share.
a. Compute the stock's earnings per share (EPS). Round the answer to two decimal places. $____________shares
b. What's the stock's P/E ratio? Round the answer to two decimal places. $___________ times
c. Determine what the stock's dividend yield would be if it paid $2.92 per share to common stockholders.