Dividend and Payout Policy (for you to read)
Dividend per share (DPS): dollar amount per share Dividend yield: DPS divided by share price Payout ratio: DPS divided by EPS 4 • → → → • → → → • Finance Theory II (15.402) – Spring 2003 – Dirk Jenter Payout Method 2: Share Repurchases There are different forms of share repurchases: Open market purchases Fixed price tender ... ................
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