Exxon Bhd pays out 35% of its earnings as dividends. Earnings per share are currently RM2.50 and the market price is RM30 per share. Calculate the dividend yield.
Exxon Bhd pays out 35% of its earnings as dividends. Earnings per share are currently RM2.50 and the market price is RM30 per share. Calculate the dividend yield.
Chapter14: Investing In Stocks And Bonds
Section: Chapter Questions
Problem 1DTM
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1 .Exxon Bhd pays out 35% of its earnings as dividends. Earnings per share are currently RM2.50 and the market price is RM30 per share. Calculate the dividend yield.
2. At the end of the year, Shalala Bhd.’s stock is expected to have Earnings per share of RM4.50 with a payout ratio of 40% and a P/E ratio of 16 times. Based on this information, calculate the share price of Shalala Bhd. at the year end.
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