Company A has a payout ratio of 30% and a dividend yield of 2%. Company B has

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Company A has a payout ratio of 30% and a dividend yield of 2%. Company B has a payout ratio of 50% and a dividend yield of 3%. Which company's shares would be of more interest to an investor wanting a steady dividend income?
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...
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Related Book For  answer-question

Financial Accounting Tools for Business Decision Making

ISBN: 978-1118644942

6th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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