Question

3. Chapter ma2pe08r, Section .261, Problem 130 (ID: 130.26.1-MC- MANK08) Use the following table to answer the following questions. Table 26-2 tock ym Id % PE ol 1000s Hi et ose hg 1.90 19.83 10,325 05.65 103.10 101.87 1.99 1.45 0.02 6.69 0.04 6.50 0.12 ing Co. li Lily and Co. 1.72 51.17 6.51 57.75 6.69 LY .80 12.41 ,794 .50 60 142 1,078 ft Foods Group ellogg Co. 6.18 80 25 Refer to Table 26-2. Which company had the highest dollar dividend per share? a. Boeing Co Ob. Eli Lilly and Co c. Kraft Foods Group d. Kellogg Co

Answer 1

Boeing Co Dividend per share = Yield*Close Price =1.90%*101.87 =1.94
Eli Lily and Co Dividend per share = Yield*Close Price =3.80%*51.45 =1.96
Krafts food Corp Dividend per share = Yield*Close Price =3.50%*56.69 =1.98
Kellogg Co. Dividend per share = Yield*Close Price =2.60%*66.50 =1.73

Krafts co has highest dollar per share.

Option c.

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