74.3k views
3 votes
company a has a retention rate of 35%, net income of $16 million, and 75 million shares outstanding. What would be the dividend per share paid out on the companys stock?

1 Answer

5 votes

Answer:

First:

Available for Dividends = (1 – Retention Ratio) X Net Income

Then:

Dividend/share = $ Available/number of shares

User JJones
by
8.5k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories