Klt just paid an annual dividend of 162 a share the firm


KLT just paid an annual dividend of $1.62 a share. The firm has a target payout ratio of 0.55 and a speed of adjustment value of 0.4. What is the expected value of next year's annual dividend if the firm expects its earnings per share to be $3.98? a.) $1.92 b.) $1.85 c.) $2.50 d.) $1.71 OR e.) $1.74

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Finance Basics: Klt just paid an annual dividend of 162 a share the firm
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