Brigand Ltd has 2 million shares issued with a market price of 2 50 each The company wants to pay a dividend of 60 of its after tax profits of 1,750,000 The dividend yield would be d) 21 ...

Brigand Ltd has 2 million shares issued with a market price of 2.50 each. The company wants

Question:

Brigand Ltd has 2 million shares issued with a market price of £2.50 each. The company wants to pay a of 60% of its after-tax profits of £1,750,000. The yield would be: d) 21% Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...