Essays on DIVIDEND POLICY AT FPL GROUP INC

DIVIDEND POLICY AT FPL GROUP INC Q.1 DIVIDEND POLICY AT FPL GROUP, INC In 1994 FPL Group, the parent company of Florida Power and Light Company, announced a reduction in its quarterly dividend from $.62 ($2.48 annual) a appropriate to $.42. This was the first-ever dividend hop-skip for a healthy utility, so the company did its best to excuse to investors why it had taken such an unusual step. Table 1. twelvemonth Dividend per share Earnings per share Dividend payout ratio Dividend payout (%) Earnings per share before extraordinary items Dividend payout ratio Dividend payout (%) 1993 2.47 2.30 1.07 107.39 2.76 0.89 89.49 1992 2.43 2.65 0.92 91.70 2.65 0.92 91.70 1991 2.39 1.48 1.61 161.49 2.66 0.90 89.85 1990 2.34 (2.86) (0.82) (81.82) 2.64 0.89 88.

64 1989 2.26 3.12 0.72 72.44 2.99 0.76 75.59 1988 2.18 3.42 0.64 63.74 3.12 0.70 69.87 1987 2.10 3.10 0.68 67.74 2.69 0.78 78.07 1986 2.02 2.90 0.70 69.66 2.90 0.70 69.66...If you want to get a full essay, order it on our website: Ordercustompaper.com

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