Asked by Suzie
A stock’s 2009 Earnings-per-share is $4.50. Its Payout Ratio is 30%. Next year in 2010 it expects its Earnings-per-share to be $4.75. Answer the following two questions please, and select the correct choice:
1. What is the current 2009 dividend?
2. What will next year’s Payout Ratio be if the company want to maintain a dividend growth rate of 15%?
a. Dividend= $1.35 and Payout Ratio= 30%
b. Dividend= $1.20 and Payout Ratio= 32.6%
c. Dividend= $1.20 and Payout Ratio= 30%
d. Dividend= $1.35 and Payout Ratio= 32.6%
1. What is the current 2009 dividend?
2. What will next year’s Payout Ratio be if the company want to maintain a dividend growth rate of 15%?
a. Dividend= $1.35 and Payout Ratio= 30%
b. Dividend= $1.20 and Payout Ratio= 32.6%
c. Dividend= $1.20 and Payout Ratio= 30%
d. Dividend= $1.35 and Payout Ratio= 32.6%
Answers
Answered by
bobpursley
Why are you posting all these under different names? We are not going to take your test for you.
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