Proctor Gamble Project Essays

Proctor Gamble Project Essays Proctor Gamble Project Essay Proctor Gamble Project Essay The par or stated value of PG’s preferred stock is $1 B. )     The par or stated value of PG’s common stock is $1 C. )     . 975 D. )   In June of 2007 and 2006, 3,131,946 and 3,178,841 of common stock remain outstanding respectively. (p. 52) E. )  Ã‚   â€Å"Our first discretionary use of cash is dividend payments. Dividends per common share increased 11% to $1. 28 per share in 2007. This increase represents the 51st consecutive fiscal year the Company has increased its common share dividend. Total dividend payments to both common and preferred shareholders were $4. 2 billion, $3. 7 billion and $2. 7 billion in 2007, 2006 and 2005, respectively. † (p. 48) F. )  Ã‚   The rate of return on common stock equity in 2007, equals net income ($10.. 3 billion (converted to 103,000 for the sake of input in a calculator) less preferred dividends (41,797) divided by average common stockholders equity ((66,760 + 62,908)/2) which is 94%. The rate of return on common stock equity in 2006, (8,700,000-161,000/62,908) 135% G. )   The payout ratio for 2007 and 2006 was (Cash dividend divided by net income-preferred dividends (2007: 420,000/$103,000-41,797) is 6. 86. The payout ratio for 2006 (270,000/8,700,000-161,000) is 3. 16 H. )   The market price range of PG’s common stock during the quarter ended June 30, 2007 was $60. 76 to $64. 75 (p. 73)