Nancy Smith says she is uncomfortable making the assumption that TJXs dividend payout will vary from year to year If she makes a constant dividend payout assumption, what changes does she have to make in her other valuation assumptions to make them internally consistent with each other ...

If Nancy Smith doesnt want to allow dividend payout to vary across the years then she ca ...

Nancy Smith says she is uncomfortable making the assumption that TJXs dividend payout will vary from year

Question:

Nancy Smith says she is uncomfortable making the assumption that TJX’s payout will vary from year to year. If she makes a constant payout assumption, what changes does she have to make in her other valuation assumptions to make them internally consistent with each other?

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...