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Given the following data, how do you calculate what the annual dividend for each year at 40% constant payout ratio? Year Earnings per share Year
Given the following data, how do you calculate what the annual dividend for each year at 40% constant payout ratio?
Year Earnings per share Year Earnings per share 2015 $4.00 2010 $2.40 2014 3.80 2009 1.20 2013 3.20 2008 1.80 2012 2.80 2007 -0.50 2011 3.20 2006 0.25
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