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Basic Question 2 of 13
DJO Inc. has 31,000 shares of stock outstanding with a market price of $15 per share. If net income for the year is $155,000 and the retention ratio is 80%, what is the dividend per share on DJO Inc.'s stock?
B. it is $1.00
C. it is $1.89
A. it is $1.25
B. it is $1.00
C. it is $1.89
User Contributed Comments 3
| User | Comment |
|---|---|
| katybo | 155.000*0.2/31.000=1 |
| ljamieson | I wish I could do every question in my head. |
| Bootstraper | Mi2 |
I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt
Learning Outcome Statements
compare stable dividend with constant dividend payout ratio, and calculate the dividend under each policy;
describe broad trends in corporate payout policies;
CFA® 2025 Level II Curriculum, Volume 3, Module 16.