Question
Suppose a firm has a retention ratio of 35 percent, net income of $31.6 million, and 6.6 million shares outstanding. What would be the dividend
Suppose a firm has a retention ratio of 35 percent, net income of $31.6 million, and 6.6 million shares outstanding. What would be the dividend per share paid out on the firm's stock?
| $.65 | |
| $1.68 | |
| $3.11 | |
| $4.79 |
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Fundamentals Of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
13th Edition
978-0134083308, 013408330X
