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Buckle Buster Ice Cream Shop latest net income was $1,250,000, and it had 325,000 shares outstanding. Sales at the company are growing 3% and are
Buckle Buster Ice Cream Shop latest net income was $1,250,000, and it had 325,000 shares outstanding. Sales at the company are growing 3% and are expected to follow this trend. The company has a profit margin of 25%. The company wants to pay out 33% of its income. What dividend per share should it declare?
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