Global Industries Inc. has an annual dividend growth rate of 6% and a retention rate of 30%. The company's dividend payout ratio is: a. 40% b. 30% C. 35% d. 70%

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter3: Evaluation Of Financial Performance
Section: Chapter Questions
Problem 13P
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The company divided payout ration is ? General accounting

Global Industries Inc. has an annual dividend growth rate of 6% and
a retention rate of 30%. The company's dividend payout ratio is:
a. 40%
b. 30%
C. 35%
d. 70%
Transcribed Image Text:Global Industries Inc. has an annual dividend growth rate of 6% and a retention rate of 30%. The company's dividend payout ratio is: a. 40% b. 30% C. 35% d. 70%
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