The newly elected ceo of health concepts wants to reduce, Ask an Expert

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The newly elected Ceo of Health Concepts wants to reduce the dividends paid out to shareholders in order to keep more money in the money for reinvestment and growth purposes. He increases the amount of capital expenditure projects to 5 and each of them cost $1,500,000. For each of them, 30% is going to be taken from equity. A recent 10-Q disclosure for Health Concepts revealed that it had $2,450,000 in retained earnings. You have 1,000,000 shares outstanding. What is the dividend per share?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91936617

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