Kay Company's stock on the last day of the year was $39. Kay reported dividends per share
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Required:
a. Calculate the dividend payout ratio and the dividend yield for Kay Company. Round percentages to one decimal point (i.e., 9.4%).
b. Where do you find dividends paid in the statement of cash flows? 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...
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a Dividend payout ratio Dividends Net income 6370004 million 159 OR D...View the full answer
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