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- 2011-7-11
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- 2014-8-6
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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) |
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发表于 2011-7-11 19:37
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