During 2006, Dwyer Corporation reported after-tax net income of $4,737,000. During the year, the number of shares of stock outstanding remained constant at 10,000 of $100 par, 9 percent preferred stock and 400,000 shares of common stock. The company’s total stockholders’ equity is $23,000,000 at December 31, 2006. Dwyer Corporation’s common stock was selling at $52 per share at the end of its fiscal year. All dividends for the year have been paid, including $4.80 per share to common stockholders.
Compute the following:
a. Earnings per share
b. Book value per share of common stock
c. Price-earnings ratio
d. Dividend yield