Usually for question when theres year betwern 20x1 to 20x5, and the question states to explan current dividend policy, do we have to calculate all the years ? Or just 20x1 and 20x5 will do ?
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current dividend policy
8y ago#1If you are asked to discuss the dividend policy then you should discuss all of the years.
If you are really asking about the calculation of the past dividend growth rate, then you only need look at the first and the last (as I explain in my free lectures on this).
It really depends on exactly what the question is asking.
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