Solved: Find percentage payout rate if earnings per share is given, Finance Basics

+44 141 628 6080
[email protected]

Find percentage payout rate if earnings per share is given

In the 1st quarter of 2001 Merck paid a regular quarterly dividend of $.34 a share.

a. Match each of the following sets of dates:

(A1) 27 February 2001	(B1) Record date
(A2) 6 March 2001	(B2) Payment date
(A3) 7 March 2001	(B3) Ex-dividend date
(A4) 9 March 2001	(B4) Last with-dividend date
(A5) 2 April 2001	(B5) Declaration date

b. On one of these dates the stock price is likely to fall by about the value of the dividend. Which date? Why?

c. Merck"s stock price at the end of February was $80.20. What was the dividend yield?

d. If earnings per share for 2001 are $3.20, what is the percentage payout rate?

e. Suppose that in 2001 the company paid a 10 percent stock dividend. What would be the expected fall in price?

View Complete Question

Solution Preview :

Prepared by a verified Expert

Finance Basics: Find percentage payout rate if earnings per share is given

Reference No:- TGS0554148

Now Priced at $20 (50% Discount)

Recommended (96%)

Rated (4.8/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Finance Basics

Q : Explain factoring or securitization of receivables

What is meant by the factoring or securitization of receivables? What does selling receivables with recourse mean? What does it mean to sell them without recourse?

Q : Relation to the internet security

Introduction: write in brief about the topic and its relation to the internet security. Also, write about the importance of this paper and its contribution in the field of internet security.

Q : What is average cost per-unit

Assume that the company manufactures a single product and that 20,000 units were completed during the year. What is the average per-unit cost of manufacturing this product? Average cost per-unit $.

Q : What is the equal and long-term bonds

Which of the following statements is most correct?All else equal, long-term bonds have more interest rate risk than short-term bonds. B. All else equal, higher coupon bonds have more reinvestment risk than low coupon bonds.

Q : Find percentage payout rate if earnings per share is given

On one of these dates the stock price is likely to fall by about the value of the dividend. Which date? Why? Merck"s stock price at the end of February was $80.20. What was the dividend yield?

Q : What is the cost of goods sold for the period represents

An excess of cost of goods manufactured over cost of goods sold for the period represents:an increase in gross profit. b) a decrease in work in process inventory.overapplied manufacturing overhead.an increase in finished goods inventory

Q : Explain what you would understand from the sample

Describe a single research question and a group of people to survey or observe. Go through the 5 step process relating to your research question. Explain what you would understand from the sample about the central tendency (mean or proportion

Q : Compare effects of lifo and fifo inventory costing methods

Compare and contrast the effects of LIFO and FIFO inventory costing methods on earnings in an inflationary period.

Q : Determine the estimating cost function

Use the high-low method to determine the estimating cost function with machine-hours as the cost driver. Question 2: Use the high-low method to determine the estimating cost function with kilowatt-hours as the cost driver.

1933852

Questions
Asked

3,689

Active Tutors

1433714

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Solution Preview :

Prepared by a verified Expert

Finance Basics: Find percentage payout rate if earnings per share is given

Reference No:- TGS0554148

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : Explain factoring or securitization of receivables

Q : Relation to the internet security

Q : What is average cost per-unit

Q : What is the equal and long-term bonds

Q : Find percentage payout rate if earnings per share is given

Q : What is the cost of goods sold for the period represents

Q : Explain what you would understand from the sample

Q : Compare effects of lifo and fifo inventory costing methods

Q : Determine the estimating cost function

Outline a social issue that is important to you

Examine historical literature to the most current period

Discuss children diagnosed with developmental disabilities

Identify a specific theory of cognitive or moral development

Identify a true statement about validity

Discuss social worker working with foster children

Problem concerning consensual sexual relationship

Solution Preview :

Prepared by a verified Expert

Finance Basics: Find percentage payout rate if earnings per share is given

Reference No:- TGS0554148

Recent Questions Asked Finance Basics

Q : Explain factoring or securitization of receivables

Q : Relation to the internet security

Q : What is average cost per-unit

Q : What is the equal and long-term bonds

Q : Find percentage payout rate if earnings per share is given

Q : What is the cost of goods sold for the period represents

Q : Explain what you would understand from the sample

Q : Compare effects of lifo and fifo inventory costing methods

Q : Determine the estimating cost function

Asked Questions