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Author Question: What is Sterling Draper Pryce's quarterly dividend growth rate? The recent dividend history for ... (Read 48 times)

Kikoku

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Question 1

Wayne Enterprises Inc. has a target debt/equity ratio of 0.1765. Its capital budget (for new projects) for next year is estimated at $110 million. Estimated net income is $100 million. Wayne Enterprises has 100 million shares outstanding. Find Wayne Enterprises dividends using the residual dividend approach.
◦ $0.035
◦ $0.045
◦ $0.055
◦ $0.065
◦ $0.075

Question 2

What is Sterling Draper Pryce's quarterly dividend growth rate? The recent dividend history for Sterling Draper Pryce is provided in the table, below.

QtrEx-DateDivQtrEx-DateDivQtrEx-DateDiv
Q111/19/03$0.425Q408/16/060.42Q305/13/090.46
Q202/18/04$0.425Q111/15/060.43Q408/18/090.46
Q305/19/04$0.425Q202/14/070.43Q111/18/090.465
Q408/18/04$0.425Q305/16/070.43Q202/17/100.465
Q111/17/040.41Q408/15/070.43Q305/05/100.465
Q202/16/050.41Q111/20/070.45Q408/08/100.465
Q305/18/050.41Q202/13/080.45Q111/17/100.47
Q408/17/050.41Q305/14/080.45Q202/16/110.47
Q111/16/050.42Q408/13/080.45Q305/11/110.47
Q202/15/060.42Q111/19/080.46Q408/10/110.47
Q305/17/060.42Q202/18/090.46Q111/19/110.48

◦ 0.281%
◦ 0.381%
◦ 0.481%
◦ 0.581%
◦ 0.681%


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Marked as best answer by Kikoku on Apr 25, 2021

kingfahad97

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Kikoku

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Reply 2 on: Apr 25, 2021
Thanks for the timely response, appreciate it


pangili4

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Reply 3 on: Yesterday
Excellent

 

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