Assume a stock selling for $44.89 has a dividend yield of 3.1 percent and a PE ratio of 20.1. What is the earnings per share (EPS) for the company? (Round your answer to 2 decimal places. Omit the “$” sign in your response.) Earnings per share $

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Darshita 6.14K October 8, 2016 0 Comments

Assume a stock selling for $44.89 has a dividend yield of 3.1 percent and a PE ratio of 20.1. What is the earnings per share (EPS) for the company? (Round your answer to 2 decimal places. Omit the “$” sign in your response.)

Earnings per share

$

1 Answer

score 0 · Answer 1 · 2016-10-08T06:05:52+00:00

Answer EPS for the company is 2.33

Formulla

Price earning Ratio = Market Value Price per share

Earning per share

Now we put the figure to find EPS

20.1 = 44.89

X

So X =44.89/20.1

=2.33

So EPS will be 2.33

1 Answer

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