On Nov. 29, 2022, ExxonMobil declared a $0.84 semi-annual cash DPS to shareholders of record Dec. 11, to be paid Jan. 11. As of the fiscal year ended Sept 30, 2022, the company's EPS was $5.73. Calculate Exxon’s plow back ratio and payout ratio. What do they illustrate in terms of dividends?

Answer rating: 100% (QA)

Introduction Dividend policy is a crucial aspect of a companys financial management and it is import... View the full answer