Score: 0 of 1 pt 6 of 8 (7 complete) HW Score: 70.71%, 5.66 of 8 pts X P14-7 (similar to) o Alternative dividend policies Over the last 10 years, a firm has had the earnings per share shown in the following table: a. If the firm's dividend policy were based on a constant payout ratio of 40% for all years with positive earnings and 0% otherwise, what would be the annual dividend for 2019? b. If the firm had a dividend payout of $1.00 per share, increasing by $0.10 per share whenever the dividend payout fell below 50% for two consecutive years, what annual dividend would the firm pay in 2019? c. If the firm's policy were to pay $0.50 per share each period except when earnings per share exceed $3.00, when an extra dividend equal to 80% of earnings beyond $3.00 would be paid, what annual dividend would the firm pay in 2019? d. Discuss the pros and cons of each dividend policy described parts a through c. a. If the firm's dividend policy were based on a constant payout ratio of 40% for all years with positive earnings and 0% otherwise, the annual dividend for 2019 is $ 1.33. (Round to the nearest cent.) b. If the firm had a dividend payout of $1.00 per share, increasing by $0.10 per share whenever the dividend payout fell below 50% for two consecutive years, the annual dividend the firm would pay in 2019 is $30.10. (Round to the nearest cent.) Data Table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Year Earnings per share Year Earnings per share 2022 $3.95 2017 $2.22 2021 $4.63 2016 $1.43 2020 $4.35 2015 $1.67 $3.32 2014 2018 $3.78 2013 S0.21 2019 - $1.07 Print Done Enter your answer in the answer box and then click Check Answer. parts remaining Clear All Final Check Type here to search e 99+ 6:33 PM 11/10/2020 Score: 0 of 1 pt 6 of 8 (7 complete) HW Score: 70.71%, 5.66 of 8 pts X P14-7 (similar to) o Alternative dividend policies Over the last 10 years, a firm has had the earnings per share shown in the following table: a. If the firm's dividend policy were based on a constant payout ratio of 40% for all years with positive earnings and 0% otherwise, what would be the annual dividend for 2019? b. If the firm had a dividend payout of $1.00 per share, increasing by $0.10 per share whenever the dividend payout fell below 50% for two consecutive years, what annual dividend would the firm pay in 2019? c. If the firm's policy were to pay $0.50 per share each period except when earnings per share exceed $3.00, when an extra dividend equal to 80% of earnings beyond $3.00 would be paid, what annual dividend would the firm pay in 2019? d. Discuss the pros and cons of each dividend policy described parts a through c. a. If the firm's dividend policy were based on a constant payout ratio of 40% for all years with positive earnings and 0% otherwise, the annual dividend for 2019 is $ 1.33. (Round to the nearest cent.) b. If the firm had a dividend payout of $1.00 per share, increasing by $0.10 per share whenever the dividend payout fell below 50% for two consecutive years, the annual dividend the firm would pay in 2019 is $30.10. (Round to the nearest cent.) Data Table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Year Earnings per share Year Earnings per share 2022 $3.95 2017 $2.22 2021 $4.63 2016 $1.43 2020 $4.35 2015 $1.67 $3.32 2014 2018 $3.78 2013 S0.21 2019 - $1.07 Print Done Enter your answer in the answer box and then click Check Answer. parts remaining Clear All Final Check Type here to search e 99+ 6:33 PM 11/10/2020
