Determine the total dividend that conifers ltd

Assignment Help Finance Basics
Reference no: EM132630854

Conifers Ltd, a tree relocation company, follows a stable plus special dividend policy. The company recently (2020) had earnings available to common shareholders of R500m on sales of R2b and has 250m shares outstanding. The company maintains a stable pay-out ratio of 5% and issues special dividends whenever its net profit margin exceeds 10%. Special dividends amount to all profits exceeding 50% of the amount after the stable dividend had been deducted.

Required:

Determine the total dividend that Conifers Ltd will pay per share in 2020.

Reference no: EM132630854

Questions Cloud

Demonstrate effect of wrong entry on the financial position : Assume that you are starting a new business on 1st Jan 2021. Demonstrate the effect of wrong entries on the financial position of a business organisation.
Why is capital adequacy the primary concern of bank : Why is capital adequacy the primary concern of bank regulators? Is it more significant compared to other bank ratios and risk computations?
Determine how many shares will be bought back : Determine how many shares will be bought back and how the share buy-back would influence the number of shares outstanding in the market
Prepare the journal entries for the year ended june : Prepare the journal entries for the year ended 30th June 2020. BaaBaa Ltd is a lamb farm, breeding and maturing lambs for future harvesting
Determine the total dividend that conifers ltd : Determine the total dividend that Conifers Ltd will pay per share in 2020.
Government managing the economy : Do you believe government efforts to manage the economy usually make things better or worse? Provide research support for your positions
Why the iasb requires an active market to revalue intangible : When using the revaluation model for tangible assets. Discuss with reasons why the IASB requires an active market to revalue intangible assets.
Geographically where does deutsche bank invest : -Geographically where does Deutsche Bank invest? How does this vary by industry or segment types?
What is the company net fixed assets : A company has net working capital of $2,781, current assets of $6,750, equity of $22,710, and long-term debt of $10,700. What is the company's net fixed assets

Reviews

Write a Review

Finance Basics Questions & Answers

  Design strategies to improve products-services

With whom should you consult about design strategies to improve products/services and why would you consult with these individuals or groups?

  Compute patent amortization

Alpha Enterprises acquired a patent from Simpson Research Company on 1/1/01 for $4million. The patent will have a useful life of ten years, even though it's legal life is twenty years.

  Total real return on investment

Suppose you decide to sell your bonds today, when the required return on the bonds is 5.2 percent. If the inflation rate was 3.9 percent over the past year

  Create a risk-free hedged portfolio

What are several ways to use stocks and options to create a risk-free hedged portfolio? Support your answer by providing examples of specific stocks and options that are used to create the portfolio

  Prepare the stockholders equity section of the balance sheet

United Apparel has the following balances in its stockholders' equity accounts on December 31, 2012: Treasury Stock, $750,000; Common Stock, $500,000.

  Calculate the degree of operating leverage

At an output level of 83,000 units, you calculate that the degree of operating leverage is 3. The output rises to 90,000 units.

  Compute dividends paid by pepsico during 2008

Compute dividends paid by PepsiCo during 2008. What percentage of net income did PepsiCo pay out in dividends during 2008?

  The lexington property development company has a 10000

the lexington property development company has a 10000 note receivable from a customer due in three years. how much is

  What was the dividend yield and the capital gains yield

What was the dividend yield and the capital gains yield? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.

  Discuss problem of velociraptor skeleton

Your family owns a velociraptor skeleton that is currently valued at $95.9 thousand. Your grandfather, being an avid fossil collector, bought it 50 years ago.

  Assistant advocate for the office of the local county

Since your graduation from AIU, you have been working as the victims' assistant advocate for the office of the local county prosecutor. You have a great working relationship with the prosecutor, Mary, and the remainder of the office.

  What is the difference in the amount of? interest

The Continental Bank advertises capital savings at 7.5?% compounded annually while TD Canada Trust offers premium savings at 7.43?% compounded monthly

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd