Calculate the missing information for the following stock So
Calculate the missing information for the following stock.
Solution
Sol:
Earnings per share = Current Price/Price-Earnings Ratio
Earnings per share = 42.38/30 = 1.41266666667
Earnings per share = 1.413(approx)
Annual Dividend = Current Price x Current Yield
Annual Dividend = 42.38 x 0.7% = 42.38 x 0.007 = 0.29666
Annual Dividend = $0.3(approx)
