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A1. (Extra dividend) Escarraz Soy Products

A1. (Extra dividend) Escarraz Soy Products
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Price: $4.99
Availability: In Stock
Model: A
Average Rating: 5 out of 5 Stars!

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Solution Guide / Answer Key:

FINANCE

A1. (Extra dividend) Escarraz Soy Products has the following quarterly earnings per share and
has paid a regular quarterly dividend of $.30.

Quarter 1 2 3 4 5
Earnings per Share $.60 $1.10 $1.20 $.90 $3.80
Dividends per share .30 .30 .30 .30 1.20

Escarraz wants the annual payout to be 40% of earnings. What extra dividend in the fourth quarter would give the firm its planned payout?

 

FILE: MS WORD

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