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Suppose a company paid $20 million in dividends in the past year and generated total earnings (a.k.a., net income or profits) of $110 million.
Suppose a company paid $20 million in dividends in the past year and generated total earnings (a.k.a., net income or profits) of $110 million. What was the company's dividend payout ratio? Answer in percent, rounded to one decimal place.
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The dividend payout ratio is the percentage of the companys earnings that were paid out as divi...
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
