Question
You have collected some dividend payment information of FYMA Ltd. What could you briefly tell about its likely dividend payout policy based on the available
You have collected some dividend payment information of FYMA Ltd. What could you briefly tell about its likely dividend payout policy based on the available data below?
(Financial Year) 2018 2019 2020 2021
(Net income, RM mil) 34.9 40.5 -5.2 30.7
(Cash dividend, RM mil) 21 24.5 10 18.5
(Number of shares, mil) 200 200 200 200
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Quantitative Trading
Authors: Ernest P. Chan
2nd Edition
1119800064, 978-1119800064
