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desiree_n desiree_n
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3 years ago
D Rail Inc. paid a quarterly dividend of $0.365 last quarter on earnings of $0.60. D Rail has a target payout ratio of 60%. The company uses the Target Payout Model to set its quarterly dividend with an adjustment factor of 0.006. The CFO of D Rail expects earnings of $0.65 next quarter. What dividend will it pay?

▸ $0.3650

▸ $0.3651

▸ $0.3652

▸ $0.3653
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 2nd
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nonokhnonokh
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3 years ago
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