What the dividend yield ratio is closest to


Information concerning the common stock of Morris Company as of the end of the company's fiscal year is presented below.


Number of shares outstanding 460,000
Par value per share $ 5.00
Dividends paid per share $ 6.00
Market price per share $ 54.00
Earnings per share $ 18.00

what the dividend yield ratio is closest to:

 

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What the dividend yield ratio is closest to
Reference No:- TGS087117

Expected delivery within 24 Hours