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Accounting Paper 1, November 2024, question 3.2

Accounting P1 · Analysis and interpretation
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Mokoena Traders Ltd Earnings per share (EPS): 2023: 125 cents; 2024: 180 cents Dividends per share (DPS): 2023: 100 cents; 2024: 90 cents Dividend pay-out rate = DPS / EPS x 100
3.23 marks
Comment on the change in the company’s dividend pay-out policy between the two years. Explain why this change is a responsible decision. Give ONE point in your explanation.

NSCBased on Nov 2024 · Paper 1 · Q3.2

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