Question
Jackie Artmeyer has purchased the stock of a firm. The firm paid an annual dividend of $.62. Its earnings per share was $3.80. This stock
Jackie Artmeyer has purchased the stock of a firm. The firm paid an annual dividend of $.62. Its earnings per share was $3.80. This stock is selling in the market for $36. What is this firm's dividend payout ratio?
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Essentials Of Managerial Finance
Authors: Scott Besley, Eugene F. Brigham
12th Edition
0030258723, 9780030258725
