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1. Final returns estimation for Techbot are as follows: Year 1 2 3 4 5 Profits After Taxes RM20,000,000 RM21,000,000 RM15,000,000 RM21,000,000 RM24,000,000 The

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1. Final returns estimation for Techbot are as follows: Year 1 2 3 4 5 Profits After Taxes RM20,000,000 RM21,000,000 RM15,000,000 RM21,000,000 RM24,000,000 The firm has 8,500,000 shares of common stock outstanding. Determine the yearly dividend per share to be paid based on the following policies: i) A constant dividend payout ratio of 40 percent. ii) A stable dollar dividend targeted at 40 percent of earnings over a 5-year period. 2. QUESTION 10 AND QUESTION 14 IN TEXT BOOK (CHAPTER DIVIDEND POLICY)

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