CSR Infotech Limited is engaged in software development and BPO services. The company is paying dividends since

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CSR Infotech Limited is engaged in software development and BPO services. The company is paying dividends since its inception. The relevant details from its financial statements are reproduced as follows:

Particulars Profit after tax Dividend Tax on dividend Equity share capital (Face value 10 each) 2013 130.00

Comment upon the dividend policy of the company using appropriate ratios.

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Financial Accounting For Managers

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Question Posted: Dec 08, 2023 01:14 AM

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CSR Infotech Limited is engaged in software development and BPO services. The company is paying dividends since

Question:

Particulars Profit after tax Dividend Tax on dividend Equity share capital (Face value 10 each) 2013 130.00 60.00 9.00 600.00 (in Million) 2014 2015 2016 98.00 175.00 195.00 60.00 87.50 87.50 9.00 13.13 13.13 600.00 700.00 700.00 2017 225.00 105.00 15.75 700.00

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Year Dividend Payout Ratio Dividend Yield Retention Ratio 2013 4615 DivYield 2013 Ret Ratio 2013 201...View the full answer

Financial Accounting For Managers

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