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Pines Ltd , a tree relocation company, follows a stable plus special dividend policy. The company recently ( 2 0 2 4 ) had earnings
Pines Ltd a tree relocation company, follows a stable plus special dividend policy. The company recently had
earnings available to common shareholders of Rm on sales of Rb and has m shares outstanding. The
company maintains a stable payout ratio of and issues special dividends whenever its net profit margin after
the stable dividend had been paid equals or exceeds Special dividends will amount to of net profits after
the stable dividend had been deducted.
Determine the total dividend that Pines Ltd will pay per share in
a c
b c
c c
d c
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