A. The dividend payout ratio is total common dividends paid annually divided by income available to common shareholders. The dividend payout ratio is not affected by the market price of the company's shares.
B. Basic earnings per share is income available to common shareholders divided by the weighted average number of common shares outstanding during the period. Basic earnings per share is not affected by the market price of the company's shares.
C. The debt-to-equity ratio is total liabilities divided by total equity on the balance sheet. The total debt-to-equity ratio is not affected by the market price of the company's shares.
D. The dividend yield ratio is calculated as the cash dividend divided by the market price of the share. As the market price of the shares increases, the dividend yield will decrease.
