4. The following figures are collected from the annual report of XYZ Ltd.: Net profit `30 Lakhs...
Question:
● 4. The following figures are collected from the annual report of XYZ Ltd.:
Net profit `30 Lakhs Outstanding 12% preference shares `100 Lakhs Number of equity shares 3 Lakhs Return on Investment 20%
Cost of Capital 16%
What should be the approximate dividend payout ratio so as to keep the share price at
`42 by using Walter’s Model?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Financial Management
ISBN: 9789352605606
1st Edition
Authors: Swapan Sarkar, Bappaditya Biswas, Samyabrata Das, Ashish Kumar Sana
Question Posted: