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Rickos Rickos
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Posts: 1281
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7 years ago
Trevor Co.'s future earnings for the next four years are predicted below. Assuming there are 500,000 shares outstanding, what will the yearly dividend per share be if the dividend policy is as follows?
a.   A constant payout ratio of 40%
b.   Stable dollar dividend targeted at 40% of the average earnings over the four-year period
c.   Small, regular dividend of $0.75 plus a year-end extra of 40% of profits exceeding $1 million
   Trevor Co.
   Year 1    $ 900,000
   Year 2    1,200,000
   Year 3    850,000
   Year 4    1,350,000
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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David_hessDavid_hess
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7 years ago
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Rickos Author
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7 years ago
Thanks for your help!!
gage
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Yesterday
You make an excellent tutor!
tcat
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2 hours ago
Smart ... Thanks!
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