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Baby Heinz Co. has a 10-year history of weighted average profits of P1,000,000. Its weighted average dividend payout percentage over the last 10 years has

Baby Heinz Co. has a 10-year history of weighted average profits of P1,000,000. Its weighted average dividend payout percentage over the last 10 years has been 30 %. The company has valued its business using the dividend-paying capacity method and would like to sell 20% of its business at an amount of P750,000.



What is the average dividend yield rate of the company for the past 10 years?

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