Newhuman

FinNinja Wrote:
-------------------------------------------------------
> If a Co. has a target payout ratio of 50% that is
> NOT necessarily the actual Payout ratio.
>
> If earnings go down, the dividend stays the same -
> unless it is a decline that is not expected to
> reverse
>
> If earnings go up then the change in divs =
> (change in earnings)*(target ratio)*(1/# of years)


+1.

And there you have your answer, guys.

Houjichasan

So it's $0.56?