The stock price is $25. A company has reported earnings per share (EPS) of $4.60 and has a dividend payout ratio of 20%. The sales per share is $23. What is the retention rate for this company?

Personal Finance
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ISBN:9781337669214
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Chapter14: Investing In Stocks And Bonds
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The stock price is $25. A company has reported earnings per share (EPS) of $4.60 and has
a dividend payout ratio of 20%. The sales per share is $23. What is the retention rate for
this company?
Transcribed Image Text:The stock price is $25. A company has reported earnings per share (EPS) of $4.60 and has a dividend payout ratio of 20%. The sales per share is $23. What is the retention rate for this company?
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