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What dividend per share should schulman declare

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Question

Schulman and partners most recent net income was $320,000, and it has 420,000 shares outstanding. If Schulman would like to maintain a dividend payout ratio of 0.5, what dividend per share should Schulman declare?

The response paper should be in APA format, double spaced, hand-written, numbered pages, with a cover page and references.

Reference no: EM132325846

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