Southern Cities Trucking Company has the following five-year record of earnings per share. Year _______EPS 2012 ..........
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Southern Cities Trucking Company has the following five-year record of earnings per share.
Year _______EPS
2012 .......... $1.40
2013 .......... $2.10
2014 ......... $1.00
2015 .......... $3.25
2016 .......... $0.80
Which of the following procedures would produce higher dividends to stockholders over this five-year period?
a. Paying out dividends at a fixed ratio of 40% of EPS
b. Paying out dividends at a fixed rate of $1 per share
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Related Book For
Fundamentals Of Investing
ISBN: 9780134083308
13th Edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
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