Hi I have been reading Roger Montgomery's Value-Able and attempting to calculate Intrinsic Values. I am stuck on calculating the dividends per share which is what i need to calculation the payout ratio. When I refer to a Annual Report, they only give the total dividends (in millions) and I am unsure how to bring that back to cents per share correctly. I know Commsec list the dividends per share and the earnings per share in 'research' on each company for current and future years, however I am wanting these figure for past years to see if the IV has risen over time or not.
I would appreciate your help on this very 'beginner' question.