4) Johnson Products earned $3 10 per share last year and it paid out $ 75 dividend The company's ROE at beginning of the year is 16 a) Calculate the dividend payout ratio b) Calculate the sustainable growth rate of the company 4) Johnson Products earned $3 10 per share last year and it paid out $ 75 dividend The company's ROE at beginning of the year is 16 a) Calculate the dividend payout ratio b) Calculate the sustainable growth rate of the company

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4) Johnson Products earned $3.10 per share last year and it paid out $.75 dividend. The company's ROE at beginning of the year is 16%.

4) Johnson Products earned $3.10 per share last year and it paid out $.75 dividend. The company's ROE at beginning of the year is 16%. a) Calculate the dividend payout ratio; b) Calculate the sustainable growth rate of the company.

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