Multiple Choice
Graham plc has the following information for the year to 30 June:
Profit for the year : £4.2m
Ordinary dividend paid : £1.8m
Number of ordinary shares : 18m
Market price at 30 June : £2.90
Calculate the dividend cover for Graham plc.
A) 0.42 times
B) 2.3 times
C) 10 times
D) 1.33 times
Correct Answer:
Verified
Correct Answer:
Verified
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