Determining the dividend payout ratio


Compnay has capitla budget of 1,000,000. wants to keep target captial structure of 60% debt and 40% equity. Forecast net income of $600K. Copmnay wants to use residual divident policy. what is dividend payout ratio?

Solution Preview :

Prepared by a verified Expert
Finance Basics: Determining the dividend payout ratio
Reference No:- TGS0672197

Now Priced at $5 (50% Discount)

Recommended (95%)

Rated (4.7/5)