Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)
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Chapter 14, Problem 5DQ
Summary Introduction

To explain: Behavior of A Company’s payout policy in the future.

Payout Ratio:

It is used to define the proportion of earnings that a company shares with its shareholders as dividends. In other words, it is the fraction of net income to stockholders dividends.

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Dividend explained; Author: The Finance Storyteller;https://www.youtube.com/watch?v=Wy7R-Gqfb6c;License: Standard Youtube License