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.