The newspaper reported last week that the Lowery Enterprise earned a net income of $30 million last year. The report also stated that the firm's total equity was $200 million. Lowery Enterprise retains 40% of its net income.
- What is the ROE for Lowery Enterprise?
- What is the firm's earning growth?
- What is the Dividend payout ratio?
- Lowery Enterprise has 10 million shares outstanding. What should be the dividend per share for the last year?