A company has an annual dividend growth rate of 5% and a retention rate of 40%. The company's dividend payout ratio is: A. 35% B. 40% C. 45% D. 60%
A company has an annual dividend growth rate of 5% and a retention rate of 40%. The company's dividend payout ratio is: A. 35% B. 40% C. 45% D. 60%
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter7: Analysis Of Financial Statements
Section: Chapter Questions
Problem 6P
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
Transcribed Image Text:A company has an annual dividend growth rate of 5%
and a retention rate of 40%. The company's dividend
payout ratio is:
A. 35%
B. 40%
C. 45%
D. 60%
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