NO.PZ2016012005000031
问题如下:
Beta Corporation is a manufacturer of inflatable furniture. Which of the following scenarios best reflects a stable dividend policy for Beta?
选项:
A.Maintaining a constant dividend payout ratio of 40–50%.
B.Maintaining the dividend at $1.00 a share for several years given no change in Beta’s long-term prospects.
C.Increasing the dividend 5% a year over several years to reflect the two years in which Beta recognized mark-to-market gains on derivative positions.
解释:
B is correct.
Choice A is consistent with a constant dividend target payout ratio policy. Choice C is not correct because the earnings increases described are not sustainable long term.
B选项正确。如果每年都维持到每股发放1美元,但是每年的每股收益会发生变化,为什么汇算做stable dividend policy?不应该是按照一定的比率嘛?
C选项为什么不正确呀?没看懂原文解释。
谢谢老师