Between 1986 and 2000 Textron dividend changes were described by the following
equation:
DIVt
" DIVt"1
! .36(.26 EPSt
" DIVt"1)
What do you think were (a) Textron’s target payout ratio? (b) the rate at which dividends
adjusted toward the target?

Posted Date: 12/8/2012 8:05:52 AM | Location : Pakistan

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