Corporate FInace Assignment/ Professional Essay Writers
May 16th, 2020
1. Ecobank Ghana has a 1 to dividend policy whereby the firm pays a constant annual dividend of GH¢0.50 per share. The firm has 322.55million shares of stock outstanding. The company: *
a) must always show a current liability for dividends payable.
b) is obligated to pay Ghc0.50 per share each year in perpetuity.
c) will be declared in default if it does not pay at least Ghc0.50 per share per year on a timely basis.
d) must still declare each dividend before it becomes an actual company liability. Get Finance Help Today
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