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  3. given the earnings per share over the period 20122

Given the earnings per share over the period 20122012-20192019 shown in the following table, ...

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Question

Accounting

Given the earnings per share over the period

20122012-20192019

shown in the following table,

LOADING...

,

determine the annual dividend per share under each of the policies set forth in part a

a.If the firm pays out

5050%

of earnings in all years with positive earnings, the annual dividend the firm would pay in year

20132013

is

2019:1.40 2014: 0.60

2018:1.56 2013: 1.00

2017:1.20 2012: 0.44

2016: -0.85

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