Dividends. Wilder Corporation's common stock account for 20X3 and 20X2 showed:
Common stock, $10 par value $45,000
The following data are provided relative to 20X3 and 20X2:
|
20X3
|
20X2
|
Dividends
|
$2,250
|
$3,600
|
Market price per share
|
$ 20
|
$ 22
|
Earnings per share
|
$ 2.13
|
$ 2.67
|
(a) Calculate the dividends per share, dividend yield, and dividend payout, and (b) evaluate the results.