The Morton Company recently reported net profits after taxes of $14.7 million. It has 3.5 million shares of common stock outstanding and pays preferred dividends of $1.5 million a year. The company's stock currently trades at $90 per share.
Compute the stock's earnings per share (EPS). Round the answer to two decimal places.
$ per share
What's the stock's P/E ratio? Round the answer to two decimal places.
$ times
Determine what the stock's dividend yield would be if it paid $2.61 per share to common stockholders. Round the answer to two decimal places.
%