Question

rovide a table that contains the cash dividends paid per year and the yearly average payout...

rovide a table that contains the cash dividends paid per year and the yearly average payout ratio.

Round 1

Round 2

Round 3

Round 4

year

2020

2021

2022

2023

2024

Net income

2496

2960

3374

   10,065.00

   13,804.00

total paid dividends

0

0

0

0

     4,240.00
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Answer #1

Answer-

No dividends are paid fro year 2020 to 2023 and a dividend of $ 4240 is paid in year 2024

The Net income for the year 2024 = $ 13804

The payout ratio for year 2024 = Dividend paid in 2024 / Neet income for year 2024

The payout ratio for year 2024 = $ 4240 / $ 13804 = 0.3071 = 30.71%

Average yearly dividend payout ratio = Total divedends paid / Total Net income from 2010 to 2024

Total Net income from 2010 to 2024 = 2496 + 2960 + 3374 + 10065 + 13804

Total Net income from 2010 to 2024 = 32699

Average yearly dividend payout ratio = $ 4240 / $ 32699 = 0.12967 = 12.967 %

Year 2020 2021 2022 2023 2024
Net income 2496 2960 3374 10065 13804
Total dividends paid 0 0 0 0 $ 4240
Dividend payout ratio 0 0 0 0 30.71 %

Average dividend payout ratio from 2020 to 2024 = 12.967 % [ As calculated above ]

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