Suppose a company paid $20 million in dividends in the past year and generated total earnings...
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Suppose a company paid $20 million in dividends in the past year and generated total earnings (a.k.a., net income or profits) of $110 million. What was the company's dividend payout ratio? Answer in percent, rounded to one decimal place. Suppose a company paid $20 million in dividends in the past year and generated total earnings (a.k.a., net income or profits) of $110 million. What was the company's dividend payout ratio? Answer in percent, rounded to one decimal place.
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The dividend payout ratio is the percentage of the companys earnings that were paid out as divi... View the full answer
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
Posted Date:
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