Determining the Dividend Payout Ratio
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Last year Quality's earnings per share were $2.34 and it paid a dividend of $1.10.
What was Quality's dividend payout ratio?
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Please refer to attached file response.
Your question is this: Last year Quality's earnings per share were $2.34 and it paid a dividend of $1.10. What was Quality's dividend payout ratio?
A dividend is a cash payment from profits announced by a company's board of directors and distributed among ...
Solution Summary
Last year Quality's earnings per share were $2.34 and it paid a dividend of $1.10. This solution calculates the Quality's dividend payout ratio.
$2.49