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Author Question: The Pawtucket Brewery uses the residual dividend model to set its dividends. Selected financial ... (Read 37 times)

Bernana

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Question 1

The date on which shareholders are registered to receive an upcoming dividend is called the
◦ Ex-Dividend Day.
◦ Cum-Dividend Day.
◦ Day of Record.
◦ Payment Day.
◦ Dividend Announcement Day.

Question 2

The Pawtucket Brewery uses the residual dividend model to set its dividends. Selected financial information for Pawtucket is provided in the table below. What is Pawtucket's dividend per share?

Selected Financial Information
Pawtucket Brewery
Net income$75 million
Investments$110.25 million
Equity capital structure weight0.75
Shares Outstanding 42.5 million

◦ -$0.18
◦ $0
◦ $0.18
◦ $0.25
◦ $0.36


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Marked as best answer by Bernana on Apr 25, 2021

ntsoane kedibone

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Bernana

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Reply 2 on: Apr 25, 2021
Wow, this really help


ricroger

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Reply 3 on: Yesterday
Excellent

 

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