Question
Here are key financial data for House of Herring, Inc.: Earnings per share for 2018 $6.10 Number of shares outstanding 41.20 million Target payout ratio
Here are key financial data for House of Herring, Inc.:
| Earnings per share for 2018 | $6.10 | |
| Number of shares outstanding | 41.20 | million |
| Target payout ratio | 50 | % |
| Planned dividend per share | $3.05 | |
| Stock price, year-end 2018 | $ 160 | |
| House of Herring plans to pay the entire dividend early in January 2019. All corporate and personal taxes were repealed in 2017. |
| a. | Other things equal, what will be House of Herring |
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Computational Techniques In Economics And Finance
Authors: Constantin Zopounidis
1st Edition
1613245580, 978-1613245583
