Dividends per Shares and Payout Ratio
Not what you're looking for?
If we consider payout ratio = 34% and we have NI=$2,776,698
34% = Dividend/2,776,698
Dividends = $944,077
Since total shares = 67,815
The dividend per share will be $14 ($944,077/67,815)
Please let me know if I'm correct.
Purchase this Solution
Solution Summary
This solution explains how the calculate dividends per share using 34% as the payout.
Purchase this Solution
Free BrainMass Quizzes
Team Development Strategies
This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.
Writing Business Plans
This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.
Understanding the Accounting Equation
These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.
Managing the Older Worker
This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce
Introduction to Finance
This quiz test introductory finance topics.