Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
Define target payout ratio
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SOLUTION:-
A target payout ratio is a degree of the proportion of a company's profits it would want to pay out to shareholders as dividends over the long-term. In simple words we can say that the amount of money a company want to have so that it can pay dividend to its shareholders.
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