For a Firm with a Constant Payout Ratio,the Dividend Growth

Multiple Choice

For a firm with a constant payout ratio,the dividend growth rate can be estimated as:

A) Payout ratio × Return on equity.
B) Return on assets × Retention ratio.
C) Return on equity × (1 + Retention ratio) .
D) Payout ratio × Return on assets.
E) Return on retained earnings × Retention ratio.