A company had the following dividend payment pattern during the last few years: In Million PAT...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
A company had the following dividend payment pattern during the last few years: In Million PAT Dividend 2011 2012 2013 2014 2015 2016 2017 2018 15 20 25 27 30 18 24 3 3.6 4.0 22 4.4 2019 32 Compute the dividend payout ratio of the company between 2015 and 2019. Suppose they have increased the dividend to 5 in the year 2015 and kept the same for the next five years, from a dividend payout ratio point of view, has the company's payout ratio increased/decreased? What would be the possible reasons for the change in the strategy? A company had the following dividend payment pattern during the last few years: In Million PAT Dividend 2011 2012 2013 2014 2015 2016 2017 2018 15 20 25 27 30 18 24 3 3.6 4.0 22 4.4 2019 32 Compute the dividend payout ratio of the company between 2015 and 2019. Suppose they have increased the dividend to 5 in the year 2015 and kept the same for the next five years, from a dividend payout ratio point of view, has the company's payout ratio increased/decreased? What would be the possible reasons for the change in the strategy?
Expert Answer:
Answer rating: 100% (QA)
To compute the dividend payout ratio for the company between 2015 and 2019 well first calculate the dividend payout for each year during this period and then determine the payout ratio The dividend pa... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
Students also viewed these finance questions
-
As the plane began its descent, Quackenbos knew he would face the following questions during his presentation: Is Brazil the right market for JET expansion?
-
What has been the evolution of direct involvement of family and friends in funeral arrangements? How has the role and expectations of the contemporary funeral director changed over time?
-
1 Who is your target audience? 2 points. Do not give me a nebulous answer 2 Why have you chosen this target audience 2 points explain it for smart watch
-
A solid conducting cylinder of radius 0.1 m and mass of 4 kg rests on horizontal conducting rails (Figure). The rails, separated by a distance a?= 0.4 m, have a rough surface so the cylinder rolls...
-
What are two of the advantages associated with using strategic alliances?
-
TFTPs time-out-and-retransmission scheme implies that all data packets will eventually be received by the destination host. Will these data also be received uncorrupted? Why or why not?
-
Explain the difference between a probabilistic model and a deterministic model. LO9
-
Describe some demand management techniques that are used when demand exceeds capacity and when capacity exceeds demand.
-
Challenge Exercise 7-1 Conklan Company manufactures outdcor fireplaces. For the first 9 months of 2020, the company reported the following operating results while operating at 90% of plant capacity:...
-
Assume that John wants to annuitize the annuity and is told that he can receive a straight life annuity for $600 a month for life. If the actuarial number of payments is 300, how much of the first...
-
Part F Write a 250-word essay explaining your informed opinion about immigration policy and immigration reform. Consider the information you have gathered and brainstormed about throughout this task....
-
PART 1: DIGITAL TECHNOLOGY: Describe the key digital technology groups studied in this course and include a discussion of two examples for each group. PART 2: SOCIAL MEDIA: As studied in this course,...
-
Doing a strategic analysis of GraceKennedy Limited, What is the current level of its economic performance, an indication of the factors responsible for the current performance and recommendations for...
-
Dynamic capability is the ability for change and manage corporate learning. It allows an enterprise to adapt, develop and respond to future opportunities and discontinuous technologies. Innovation...
-
What potential solutions can organizations try to help support the adoption of a CDSS? In other words, what are some ways an organization can address the factors of implementation obstruction that...
-
Identify and briefly describe and discuss the three most important factors in building and maintaining trust among virtual global team members. Include in your discussion how you can leverage these...
-
FLY Inc. sells a customer a non-refundable airline ticket on Feb 8, 2020 to fly to Toronto on June 5 and returning July 30, 2020. The $500 fare has been charged to the customers credit card on Feb 8....
-
A certain Christmas tree ornament is a silver sphere having a diameter of 8.50 cm. Determine an object location for which the size of the reflected image is three-fourths the size of the object. Use...
-
Cedar Corporation has an S corporation election in effect. During the 2012 calendar tax year, the corporation had ordinary taxable income of $200,000, and on January 15, 2012, the corporation paid...
-
Jason and Mary are married taxpayers in 2012. They are both under age 65 and in good health. For this tax year, they have a total of $41,000 in wages and $500 in interest income. Jason and Mary's...
-
Professor Patricia (Patty) Pate is retired from the PalmSprings Culinary Arts Academy (PSCAA). She is a single taxpayer and is 68 years old. Patty lives at 98 Colander Street, Henderson, NV 89052....
-
E14.9. Simple Valuation for the Coca-Cola Company (Medium) In early 2006, the 2,369 million outstanding shares of the Coca Cola Company traded at $48.91 each. The price-to-book ratio was 6.3 and the...
-
E14.8. Simple Valuation for General Mills, Inc. (Easy) The following are from the financial statements for General Mills (in millions): 2008 2007 Net operating assets $12,847 $12,297 Common equity...
-
E14.10. Reverse Engineering for Starbucks Corporation (Medium) In January 2008, the 738.3 million outstanding shares of Starbucks Corporation traded at $20 each. Analysts' consensus carning-per-share...
![Mobile App Logo](https://dsd5zvtm8ll6.cloudfront.net/includes/images/mobile/finalLogo.png)
Study smarter with the SolutionInn App