What will be the dividend per share to be expected this year


Problem

Shell, Inc. maintains a constant dividend payout ratio of 35%. Earnings per share last year were P 8.20 and are expected to grow indefinitely at a rate of 12%.

i. What will be the dividend per share to be expected this year?
ii. What will be the dividend in 5 years?

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Financial Accounting: What will be the dividend per share to be expected this year
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