Dividend Yield and Dividend Payout The following information is available for West Texas Waste Management Inc....

Dividend Yield and Dividend Payout
The following information is available for West Texas Waste Management Inc. (WTWM).

	Year 1	Year 2	Year 3
Dividends per share	$0.02	$0.04	$0.08
Earnings per share	1.07	1.28	1.41
Market price per share	16.00	19.00	21.00

Calculate WTWM's dividend payout ratio and dividend yield for Year 1 through Year 3.

Round all answers to one decimal place.

	Dividend Payout	Dividend Yield
Year 1	Answer%	Answer%
Year 2	Answer%	Answer%
Year 3	Answer%	Answer%

Which factor-dividends or earnings-seems to be driving WTWM's share price movement?

Answer

Expert Solution

ekkarill92 answered 2 years ago

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