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Author Question: Slate Rock and Gravel Co. sets its dividend using the target payout ratio policy. Selected financial ... (Read 61 times)

karen

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on: Apr 25, 2021
Slate Rock and Gravel Co. sets its dividend using the target payout ratio policy. Selected financial data for Slate is available in the table below. What dividend should Slate Rock and Gravel offer for the coming year (Year 2) if it uses an adjustment factor of 1.0?

Selected Financial Information
Slate Rock and Gravel Co.
Year 1
Dividend per share (Year 1)$0.55
Target payout ratio20%
Earnings per share (Year 1)$1.80
Earnings per share (Year 2)$2.15

◦ $0.55
◦ $0.62
◦ $0.90
◦ $0.93
◦ $1.00
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by karen on Apr 25, 2021

mk6555

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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karen

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Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review

billybob123

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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