Question
Goodstuff Corporation has total equity of $500 million and 100 million shares out- standing. Its ROE is 15%. The dividend payout ratio is 33.3%. Calculate
Goodstuff Corporation has total equity of $500 million and 100 million shares out- standing. Its ROE is 15%. The dividend payout ratio is 33.3%. Calculate the companys divi- dends per share (round to the nearest penny).
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Guide To Finance Theory And Application Portfolio Mathematics
Authors: Professional Risk Managers' International Association (PRMIA)
1st Edition
0071731814
