Info: Dividend Payout Ratio:
$3.15 dividend paid per share/.85 per share earning = 3.705 or 371%
Is this correct?
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Info: Dividend Payout Ratio:
$3.15 dividend paid per share/.85 per share earning = 3.705 or 371%
Is this correct?
Sure, if the current dividend includes a payout of prior years' accumulated but previously undistributed earnings.
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