Question
Tiga Inc Dividend Policy Yr 1 Yr2 Yr3 Yr4 EPS $0.11 $0.124 $0.109 $0.172 DPS $0.10 $0.109 $0.1188 $0.1295 EPS: Earnings Per Share DPS: Dividend
Tiga Inc Dividend Policy
|
| Yr 1 | Yr2 | Yr3 | Yr4 |
| EPS | $0.11 | $0.124 | $0.109 | $0.172 |
| DPS | $0.10 | $0.109 | $0.1188 | $0.1295 |
EPS: Earnings Per Share
DPS: Dividend Per Share
At the annual general meeting for Yr4, the chairman had indicated that the intention to consistently increase annual dividend by 9%, anticipating that, on average, this would maintain the spending power of shareholders and provide a modest growth in real income. Tiga would also like to grow its equity base in the form of retained earnings.
Average inflation: 10.5%
Required: Comment on the declared dividend policy of the business and its possible effects on both Tiga Inc and its shareholders.
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Audit Committee And Audit Quality
Authors: AMINU ALKASIM FAGO, ENIOLA SAMUEL AGBI, MOHAMMED NMA AHMED
1st Edition
6204209868, 978-6204209869
