A company provides the following information: Required Comment on the profitability of the company and its dividend
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Comment on the profitability of the company and its dividend policy.
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2012 2011 Return on equity Earnings per share Dividend payout ratio Dividend yield 33.4% $2.86 1.0% 0.0004% 32.1% $2.43 1.0% 0.0003%
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The company has a high return on equity which means that it is good ...View the full answer
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