Question
ABC just paid an annual dividend of $2.10 a share. The firm has a target payout ratio of .45 and a speed of adjustment value
ABC just paid an annual dividend of $2.10 a share. The firm has a target payout ratio of .45 and a speed of adjustment value of .5. What is the expected value of next year's annual dividend if the firm expects its earnings per share to be $4.94?
A) $2.16
B) $2.22
C) $2.47
D) $1.24
E) $1.11
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The Changing Geography Of Banking And Finance
Authors: Pietro Alessandrini ,Michele Fratianni ,Alberto Zazzaro
1st Edition
1441947205, 978-1441947208
