Question
(I wish to see step-by-step answer by using formula then plugging in the number) The following table shows earnings per share and dividends per share
(I wish to see step-by-step answer by using formula then plugging in the number)
The following table shows earnings per share and dividends per share of Tyson Corp.
a) what is the average dividend payout ratio?
b)You will notice that although earnings per share have been fluctuating quite a lot, there is not much change in dividends. Irrespective of the fluctuating earnings per share, managers of Tyson Corp, have been paying a relatively constant dividend. Explain why it is the case.
| Year | Earnings per share | Dividends per share |
| 2017 | $0.60 | $0.20 |
| 2018 | $0.51 | $0.20 |
| 2019 | $0.55 | $0.20 |
| 2020 | $0.50 | $0.20 |
| 2021 | $0.45 | $0.20 |
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The Budget Building Book For Nonprofits
Authors: Murray Dropkin, Jim Halpin, Bill La Touche
2nd Edition
0787996033, 978-0787996031
