Brookfield Company just paid an annual dividend of $1.80 a share. The firm has a target...
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Brookfield Company just paid an annual dividend of $1.80 a share. The firm has a target payout ratio of 40 and a speed of adjustment value of .50. What is the expected value of next year's annual dividend if the firm expects its earnings per share to be $5.60? Brookfield Company just paid an annual dividend of $1.80 a share. The firm has a target payout ratio of 40 and a speed of adjustment value of .50. What is the expected value of next year's annual dividend if the firm expects its earnings per share to be $5.60?
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To calculate the expected value of next years annual dividend we need to consider the target payout ... View the full answer
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
Posted Date:
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