The Pawtucket Brewery uses the residual dividend model to set its dividends.Selected financial information for Pawtucket is provided in the table below.What is Pawtucket's dividend per share?
Selected Financial Information
Pawtucket Brewery

Question

Quizplus · Accepted Answer

From the residual dividend model, we know: D_t = 11ea7fdb_fc4f_4452_a768_899919c126f0_TB2902_11 D_t = 11ea7fdb_fc4f_4453_a768_b79648b62af4_TB2902_11 D_t = -0.18 Dividends can't be negative, so this implies that Pawtucket cannot pay a dividend this year.

The Pawtucket Brewery Uses the Residual Dividend Model to Set