International Bulletin of Business Administration ISSN: 1451-243X Issue 9 (2010) © EuroJournals‚ Inc. 2010 http://www.eurojournals.com Dividend Policy: A Review of Theories and Empirical Evidence Husam-Aldin Nizar Al-Malkawi Corresponding Author‚ Faculty of Business‚ ALHOSN University P.O. Box 38772 - Abu Dhabi‚ UAE E-mail: h.almalkawi@alhosnu.ae Michael Rafferty Senior Research Analyst‚ WRC‚ University of Sydney‚ Australia E-mail: m.rafferty@econ.usyd.edu.au Rekha Pillai Faculty of Business
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Dividend Theory 1. Discuss the factors which may impact on a firm’s dividend policy? .Industry and Company Variations Payout ratios vary amongst different industries e.g. firms within the telecoms and utilities sectors may typically payout around 60% of earnings in dividends‚ whilst retailers and computer software companies may typically payout around 20% of earnings in dividends Legal Constraints 1. Legal constraints can be viewed in the context of three broad areas;
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The Goal Of Sports Products‚ Inc. Case Study September 24‚ 2012 John Rapa Assessing the Goal of Sports Products‚ Inc. case study Introduction Sports Products Inc. is a large producer of boating... Premium * Assessing The Goals Of Sports Products Inc Assessing the Goals of Sports Products‚ Inc. Case Study Paper What should the management of Sports Products‚ Inc.‚ pursue as its overriding goal? Why What... Premium * Case Analysis: Assessing The Goal Of Sports Products‚ Inc. Case Analysis:
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firm’s net income available to support increases in its assets. Consequently‚ the firm’s need for external financing will be lower. A firm’s payout ratio is calculated as dividends per share divided by earnings per share. The less of its income a company distributes as dividends‚ the larger its addition to retained earnings. Therefore‚ the firm’s need for external financing will be lower. c. Additional funds needed (AFN) are those funds required from external sources to increase the firm’s
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Introduction A dividend is termed as a portion of a firm’s earnings that is returned to its shareholders. Dividends offer a further motif for investors to hold or even increase their investments. A lot of companies‚ mature or young‚ large or small‚ pay stable dividend. It is true that high dividend yield is important for current investors because it indicates‚ to some degree‚ a firm’s financial well being‚ but paying 100% of its earnings as dividend is not financially wise. Instead of paying dividends‚ fluid
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PRODUCT MANAGEMENT THE ORIGIN: ➢ The idea of product or brand management began at Proctor & Gamble in the early 1930s. ➢ All began with a memo directed to the head of the advertising department by Neil McElroy on May 13‚ 1931 and ran to three pages – considerably more verbose. ➢ McElroy was thus the obvious man to grow and plant the embryo of brand manager system. ➢ McElroy was heading the new soap product “Camay” which was directly in competition with Ivory.
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Three Year Marketing Plan for Company G’s New Product Line Company G’s mission is to improve the quality and convenience of people’s lives and they have done so with their latest small appliance‚ the espresso maker. It fits their goals by reducing its size with innovative design solutions and ergonomics that will put Company at the forefront of the industry. It will save time and money and ease the daily morning grind for consumers. The market in which this product will be successful
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economic growth rate? India is an emerging economy that is witnessing unprecedented levels of economic expansion. It is widely expected that India may overtake China as the world’s fastest growing major economy by 2015. However it is not easy to sustain high levels of economic growth rates. There were a number of countries that experienced a high economic growth rate but were unable to sustain it for a long period of time. In order to determine whether India can sustain its economic growth rate we need
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Dividend discount model Dividend discount model (DDM) is a way of valuing a share based on the net present value of the dividends that you expect to receive in the future. According to the DDM‚ dividends are the cash flows that are returned to the shareholder. FY 2002 2003 2004 2005 2006 2007F 2008F 2009F Share price 0.155 0.150 0.230 0.370 0.450 0.450 Dividends per share 0.005 0.012 0.014 0.012 0.013 0.019 0.0178 0.020 Dividend Growth 0.0833 0.258 0.014 0.014 Dividend rates
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The Products of Maple Leaf Foods Inc. Nowadays an increasing number of people are concerning about food healthiness and food convenience. There are many companies providing various foods to human’s daily lives in the Canada’s market. However‚ which companies are providing food products to meet customer requirements caused heated debate. As a leading food company‚ Maple Leaf Foods Inc. is making health‚ convenient and diversity food products to meet our needs. It is obvious that
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