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The Castle Company recently reported net profits after taxes of $14.3 million. It has 5...

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Finance

The Castle Company recently reported net profits after taxes of $14.3 million. It has 5 million shares of common stock outstanding and pays preferred dividends of $1 million a year. The company's stock currently trades at $30 per share.

  1. Compute the stock's earnings per share (EPS). Round the answer to two decimal places. $ per share
  2. What's the stock's P/E ratio? Round the answer to two decimal places. $ times
  3. Determine what the stock's dividend yield would be if it paid $0.84 per share to common stockholders. Round the answer to two decimal places. %

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