Post Utme Nile University 2020 Commerce Question 10

Practice objective / multiple choice question 10 from the 2020 Post Utme Nile University Commerce examination.

Post Utme Nile University 2020 Commerce Objective / Multiple Choice
Question 10 POST_UTME_NILE_UNIVERSITY • 2020 • COMMERCE • objective

A company has a 10% dividend payout ratio, and its earnings per share (EPS) is ₦5. What is the expected dividend per share?

Answer Options

A. ₦0.50
Correct Answer B. ₦0.60
C. ₦0.70
D. ₦0.80
Correct Answer
B
Correct Option:
₦0.60

About This Question

This is Post Utme Nile University 2020 Commerce Question 10. It is one of the objective questions from the 2020 Post Utme Nile University Commerce examination.

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