Find out the current dividend per share, Financial Accounting

Assignment Help:

Find out the Current dividend per share:  

Data

Stock price = $ 65

Return = 11%

Dividend Yield =  11/ 2 = 5.5 % (given)

Formula:

Dividend in one year = dividend yield  * current price of stock

Dividend in one year = 5.5% * 65

Dividend in one year = 3.575

Current dividend or dividend in zero period:

Dividend in one year / (1 + dividend yield)

= 3.575 / (1 + 5.5%)  

= 3.388


Related Discussions:- Find out the current dividend per share

Responding to various stakeholder groups, Q. Responding to various stakehol...

Q. Responding to various stakeholder groups? If a company has a solitary objective in terms of maximising profitability then it is only responding to one stakeholder group name

Calculate the profitability of company - investment decision, In no more th...

In no more than one typed page, provide a statement of your decision to invest or not invest in this company's stock based on your interpretation of the company's long-term prospec

Dividends out of the capital profits , Dividends out of the capital profits...

Dividends out of the capital profits Dividends out of the capital profits are apportioned on the same basis as dividends out of income (Re. Doughty). (a) Variation of sec

List the various methods of determining goodwill, Question 1 Explain the f...

Question 1 Explain the five accounting concepts with an example Separate entity concept Going concern concept Money measurement concept Cost concept Dual aspect

Prepare the journal entry at december 31, On December 31, 2004, Internation...

On December 31, 2004, International Refining Company purchased machinery having a cash selling price of $85,933.75. The company paid $10,000 down and agreed to finance the remainde

Inventory, HOW TO RECORD INVENTORY AT NET REALISABLE VALUE ON JOURNAL

HOW TO RECORD INVENTORY AT NET REALISABLE VALUE ON JOURNAL

Communication skills assignment, I have one assignment of this course (dip...

I have one assignment of this course (diploma Financial Planning), can you help me in doing my assignment

Reduces retained earnings by the fair market value, Q. If a stockholder rec...

Q. If a stockholder receives a dividend that reduces retained earnings by the fair market value of the stock, the stockholder has received a a. large stock dividend. b. cash divide

Adjustments, Is goodwill a fictitious asset?

Is goodwill a fictitious asset?

Write Your Message!

Captcha
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!

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