The company has a dividend payout ratio of 50 book value


A company is expected to earn $3.52 per share this year. The company has a dividend payout ratio of 50%, book value per share of $33.5 and a P/E ratio of 15. What should one share of common stock be selling for in the market?

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Finance Basics: The company has a dividend payout ratio of 50 book value
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