Caspian Limited makes up its financial statements to 30 November every year. During the year to 30 November 2019, Caspian Limited made a profit after taxation of £800,000 and paid a dividend per ordinary share of 2 pence on 31 January 2019 and a further dividend per ordinary share of 4 pence on 30 September 2019. Caspian Limited has an ordinary share capital of £500,000 made up of shares with a par value of 12.5 pence. What is the pay-out ratio for Caspian Limited for the year ended 30 November 2019?

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The Answer of Caspian Limited makes up its financial statements to 30 November every year. During the year to 30 November 2019, Caspian Limited made a profit after taxation of £800,000 and paid a dividend per ordinary share of 2 pence on 31 January 2019 and a further dividend per ordinary share of 4 pence on 30 September 2019. Caspian Limited has an ordinary share capital of £500,000 made up of shares with a par value of 12.5 pence. What is the pay-out ratio for Caspian Limited for the year ended 30 November 2019?

Caspian Limited Makes Up Its Financial Statements to 30 November