Refer to Table 17.2 and predict the next dividend using a percent change pattern, a dollar change

Question:

Refer to Table 17.2 and predict the next dividend using a percent change pattern, a dollar change pattern, and your expectation given the actual pattern change.

PepsiCo Quarterly Cash Dividend History

Date of Dividend ......... Amount of Dividend

March 2009 ......... $0.425 per share

December 2008 ........ $0.425 per share

September 2008 ....... $0.425 per share

June 2008 . $0.425 per share Change=.05 (13.33%)

March 2008 ......... $0.375 per share

December 2007 ......... $0.375 per share

September 2007 ........ $0.375 per share

June 2007 . $0.375 per share Change=.075 (25%)

March 2007 .......... $0.30 per share

December 2006 ......... $0.30 per share

September 2006 ......... $0.30 per share

June 2006 . $0.30 per share Change=.04 (15.3846%)

March 2006 ........... $0.26 per share

December 2005 ......... $0.26 per share

September 2005 ......... $0.26 per share

June 2005 ............ $0.26 per share

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...