This year cvs reported net income of 1070 million and paid, Ask an Expert

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This year CVS reported net income of $1,070 million and paid out dividends of $373 million. If net income is projected to increase 3% next year, what is the projected amount of dividends to be paid out next year? Assume the dividend payout ratio is expected to remain constant.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92418853

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