Southern Cities Trucking Company has the following five-year record of earnings per share. Which of the following

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Southern Cities Trucking Company has the following five-year record of earnings per share.

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 50% of EPS
b. Paying out dividends at a fixed rate of $1 per share

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Fundamentals Of Investing

ISBN: 9780135175217

14th Edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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Question Posted: Aug 30, 2022 04:10 AM

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Southern Cities Trucking Company has the following five-year record of earnings per share. Which of the following

Question:

Year 2015 2016 2017 2018 2019 EPS $1.40 $2.10 $1.00 $3.25 $0.80

Step by Step Answer:

a The dividends paid under the two systems would be as follows b Total dividen...View the full answer

Fundamentals Of Investing

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