The decker company just paid a dividend of 155 per share of


The Decker Company just paid a dividend of $1.55 per share of stock. Its target payout ratio is 45 percent. In one year, the company expects to have earnings per share of $7.10. If the adjustment rate is .4, as defined in the Lintner model, what will the dividend be one year from now?

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: The decker company just paid a dividend of 155 per share of
Reference No:- TGS0623429

Expected delivery within 24 Hours