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What dividend do you expect the firm to pay

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Nyathi Ltd. has had earnings of R3.20, R3.00 and R5.50 per share for the past three years. The firm anticipates maintaining the same dividend policy this year as the past three years. That dividend policy has resulted in dividends per share of R1.28, R1.20, and R2.20 for the past three years. It is anticipated that the next year will result in a large increase in earnings to R9.80 per share. What dividend do you expect the firm to pay in the next year?

Reference no: EM133058206

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