Select a for-profit and listed firm that pays a cash dividend. Remember, dividends are paid quarterly so ensure you annualize dividend data. As of year-end 2021, obtain the following information about the firm from the internet: 1) annual dividend per share for past five years, 2) share value or market price year-end 2021, 3) EPS for the year 2021, 4) ROE for the year 2021, and 5) year-end assets for both 2021 and 2017. Provide the data in a chart. As of 2021, derive the following: 1) dividend yield, 2) dividend payout, 3) sustainable growth rate, 4) average, annual compound dividend growth between 2017 and 2021, and 5) average, annual compound asset growth between 2017 and 2021. Assess the dividend policy and management of the organization and offer suggestions for the board to consider regarding dividend policy.
