Question
Domino's Pizza Enterprises (DMP) is Australia's largest chain of pizza restaurants, and is the largest franchisee for the Domino's Pizza brand in the world. In
Domino's Pizza Enterprises (DMP) is Australia's largest chain of pizza restaurants, and is the largest franchisee for the Domino's Pizza brand in the world. In 2016, the company paid total cash dividends of$27,962,000 and had net profit of$45,551,000.
The firm's dividend payout ratio was ___%. (Round to two decimal places.)
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Case Studies in Finance Managing for Corporate Value Creation
Authors: Robert F. Bruner, Kenneth Eades, Michael Schill
7th edition
007786171X, 77861711, 978-0077861711
