Question
Simpson Energy earned $2.6 million in net income last year and for the first time ever paid its common stockholders a cash dividend of $0.19
Simpson Energy earned $2.6 million in net income last year and for the first time ever paid its common stockholders a cash dividend of $0.19 per share. The firm has 9.2 million shares outstanding. What was Simpson's dividend payout ratio?
Simpson's dividend payout ratio was
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Quantitative Finance Its Development Mathematical Foundations And Current Scope
Authors: T. Wake Epps
1st Edition
0470431997, 9780470431993
