can you help me with 6 and 7? thank you ao this yeara year standing. what should

Question

can you help me with 6 and 7? thank you

ao this yeara year standing. what should be BITs dividend I helli payout ratió this IT's dividend payout con stant 6 percent rate for more than 20 years, and th growth is expected to continue forever. Last Darling's paid a dividend equal to $3.50 per share dividends grow at the same rate as the company's growth rate, what should be the per share dividend that Darling's pays this year? 13-6 Darlings Dry Cleaning has been growing at a 3-7 Texas Tea's dividend policy calls for the dividend / to be increased each year by the same rate. Last year, the company paid a dividend equal to $2.50 per share. This year, after the company initiates a 5-for-1 stock split, Texas Tea expects to pay a dividend equal to $0.54 per share. At what rate does Texas Tea increase its dividend each year? 8 Last year, Creative Artists retained $100,000 of the $250,000 net income it generated. This year, Creative generated net income equal to $275,000. If Creative follows the constant payout ratio dividend p how much should be paid in dividends thi olicy, 9 Last vear Hondli

Explanation / Answer

6.

per share dividend this year=3.50*(1+6%)=3.71

the above is the answer

7.

rate of dividend increase=0.54/(2.50/5)-1=8.00%

the above is the answers

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