Answered step by step
Verified Expert Solution
Question
1 Approved Answer
United Financial Bancorp, Inc. had a return on equity of 8.5%. The corporation's earnings per share was $1.20, its dividend payout ratio was 43 %
United Financial Bancorp, Inc. had a return on equity of 8.5%. The corporation's earnings per share was $1.20, its dividend payout ratio was 43 % . If these relationships continue, what will be United Financial Bancorp, Inc.'s sustainable growth rate?
5.25 % | ||
4.85 % | ||
4.28 % | ||
5.17 % |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started