A company has revenue of $2 Billion.Net income of $200 Million and pays $2.00/share in dividends on

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A company has revenue of $2 Billion.Net income of $200 Million and pays $2.00/share in dividends on each of its 30 million common shares.

What is the company's Payout Ratio?

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Principles of Finance

ISBN: 978-1111527365

5th edition

Authors: Scott Besley, Eugene F. Brigham

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Posted Date: Jul 11, 2023 12:13 AM

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A company has revenue of $2 Billion.Net income of $200 Million and pays $2.00/share in dividends on

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The payout ratio is a financial metric that represents the proportion of ea... View the full answer

Principles of Finance

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