The Morton Company recently reported net profits after taxes of $10.1 million. It has 2.5 million shares of common stock outstanding and pays preferred dividends of $2 million a year. The company's stock currently trades at $81 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 $3.16 per share to common stockholders. Round the answer to two decimal places. ____________%