Lucky Corp had net income of $4.41/share last year, and it paid $1.87/share in dividends last year.

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What was its Dividend Payout Ratio last year?

What was its Retention Rate last year?

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Foundations of Financial Management

ISBN: 978-1259024979

10th Canadian edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta

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Posted Date: Apr 03, 2023 03:03 AM

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Lucky Corp had net income of $4.41/share last year, and it paid $1.87/share in dividends last year.

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Expert Answer:

The Dividend Payout Ratio is the proportion of earnings paid out as dividends and it is calculated ... View the full answer

Foundations of Financial Management

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