teeboz37
Jun 6, 2009, 12:43 PM
This question is about dividend yield. The question is :
The shares of a company sells for $60. The firm P/E ratio is 15. Forty percent of earnings is paid out in dividends. What is the firms dividends yield?
I got two different answers, the first one I got was $75 then I go $30 when taking the 40% in perspective.
I just want to make sure I am on the right page, thanks for any help you all can provide.
The shares of a company sells for $60. The firm P/E ratio is 15. Forty percent of earnings is paid out in dividends. What is the firms dividends yield?
I got two different answers, the first one I got was $75 then I go $30 when taking the 40% in perspective.
I just want to make sure I am on the right page, thanks for any help you all can provide.