Why did Estee Lauder greatly increase the payout ratio in 2020 when the pandemic broke out. Why Did it decrease its payout ratio dramatically in 2021

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
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Why did Estee Lauder greatly increase the payout ratio in 2020 when the pandemic broke out. Why Did it decrease its payout ratio dramatically in 2021
11:14
Year
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
K
fidelity.co.uk
% of earnings paid to
shareholders data table
+
Payout ratio (%)
A
59.28
39.87
25.70
86.23
33.79
48.25
36.76
40.96
31.48
27.68
:
Transcribed Image Text:11:14 Year 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 K fidelity.co.uk % of earnings paid to shareholders data table + Payout ratio (%) A 59.28 39.87 25.70 86.23 33.79 48.25 36.76 40.96 31.48 27.68 :
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