14 Dividend Policy.

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Presentation transcript:

14 Dividend Policy

Table 14.1 Dividend Payout Ratios for Selected Industries CONTEMPORARY FINANCIAL MANAGMENT / MOYER © 2003 South-Western

CONTEMPORARY FINANCIAL MANAGMENT / MOYER © 2003 South-Western

CONTEMPORARY FINANCIAL MANAGMENT / MOYER © 2003 South-Western

Figure 14.1 Historic Pattern of Profits and Dividends for U.S. Corporations CONTEMPORARY FINANCIAL MANAGMENT / MOYER © 2003 South-Western

Figure 14.2 An Illustration of the Simulation Approach CONTEMPORARY FINANCIAL MANAGMENT / MOYER © 2003 South-Western

CONTEMPORARY FINANCIAL MANAGMENT / MOYER © 2003 South-Western