User Account

All Pages

Company dividend payment per share year

Assignment Help Finance Basics
Reference no: EM131238314

General Manufacturing Company (GMC) follows a policy of paying out 40% of its net income as dividends to its shareholders each year. The company plans to do so again this year, during which GMC earned $100 million in net profits after tax. The company has 30 million shares outstanding.

  1. What is the company's dividend payment per share this year? Round your answer to two decimal places.$
  2. Assuming that GMC's stock price is $54 per share immediately before its ex-dividend date, what is the expected price of GMC stock on the ex-dividend date if there are no personal taxes on dividend income received? Round your answer to two decimal places.$

Reference no: EM131238314

Questions Cloud

Did you learn anything new or does it confirm what you know : Summarize with major details in the article in one or two paragraphs. Write your comments/thoughts about the article. What do you think? Do you agree or disagree with the theme, outcome or recommendations? Did you learn anything new or does it co..
What are the different type of noise margin : Why is a decoupling capacitor needed for TTL ICs and where should it be connected? What is fan-in and fan-out? Give an example. What is noise margin? What are the different type of noise margin? Give the proper expression for it.
Determining the average annual return : She can save $5,000 per year, and you advise her to invest it in securities which you expect to provide an average annual return of 10 percent. If she follows your advice, how much money would she have at age 60?
What are the different ttl families : Which of the following summarizes the important features of emitter-coupled logic (ECL)? What is the word ‘interfacing' as applied to digital electronics means? What are the different TTL families?
Company dividend payment per share year : What is the company's dividend payment per share this year? Round your answer to two decimal places.$ Assuming that GMC's stock price is $54 per share immediately before its ex-dividend date, what is the expected price of GMC stock on the ex-divid..
What are the disadvantages of totem pole output : How the problem of interfacing IC logic families that have different supply voltages (VCCs) can be solved? What are the advantages of Totem Pole Output? What are the disadvantages of Totem Pole Output?
Analysing and evaluating digital marketing strategies : MKTG302 Digital Marketing Assignment - Report/Presentation. The purpose of this report is to develop your skills in analysing and evaluating digital marketing strategies & seamlessly integrating them with brick and mortar marketing strategies
What are the advantages of integrated injection logic : What are the advantages of Integrated Injection Logic? What are the disadvantages of Integrated Injection Logic? What are the advantages of Integrated Injection Logic? What are the disadvantages of Integrated Injection Logic?
What are the disadvantages of w-r type dac : What do you mean by DAC? Why is it required? Name two most frequently used DAC. What are the disadvantages of W-R type DAC? What is the major advantage of R-2R type DAC?

Reviews

Write a Review

Finance Basics Questions & Answers

  Construct an example of a transaction between two parties

construct an example of a transaction between two parties. identify what accounts are affected and how changes in those

  You are analyzing a project and have developed the

you are analyzing a project and have developed the following estimates unit sales 1320 price per unit 79 variable

  Differences in ordinary and capital

Write down the difference between the ordinary, capital, and Section 1231 asset? Why is this distinction important?

  A bond that a 1000 par value face value and a contract or

a bond that a 1000 par value face value and a contract or coupon interest rate is 10.9.nbsp the bonds have a current

  Question regarding the fundamental forecasting

How important are Eurozone Countries as international trade partners for the United States?  How important is the United States to the Eurozone countries as an international trade partner?  How important is international trade volume between Germa..

  Project the financial statements for the next four years

Project the financial statements for the next four years (2011-2014). Calculate the valuation cash flow for each year. Determine Biometrix's equity value at the end of 2010.

  Wacc the following table gives foust companyrsquos earnings

wacc the following table gives foust companyrsquos earnings per share for the last 10 years. the common stock 7.8

  Duration you have a 9 percent bond with 4 years to

duration. you have a 9 percent bond with 4 years to maturity paid interest annually. its ytm is 10 percent and its

  What will be the effect on eps and pe ratio

Evaluating an extra dividend versus a share repurchase. In either case, $16,320 would be spent. Current earnings are $3.10 per share, and the stock currently sells for $85 per share. There are 3,400 shares outstanding. Ignore taxes and other imper..

  Computing cost of manufactured and sold goods

Compute the cost of goods manufactured and cost of goods sold for Strike Marine Company for the most recent year using the amounts described below. Assume that raw materials inventory contains only direct materials.

  What price do you think compressor controls should charge

How would you determine the value of this product and what price do you think Compressor Controls should charge for this product?

  Standard deviation stock returns stock a

Standard deviation stock returns Stock A = 25 percent standard deviation market return 15 percent correlation between stock A market .75 1.Calculate stock A beta 2 bull market rapid increase stock price stock a likely out perform or under the avg sto..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd