Instructions
to candidates:
Answer all questions below
Full analysis required using a company you have
researched.
Students must show evidence of research to gain full
marks.
Time new Roman Font 12, use paragraphs and check
spelling and punctuation
Table of Contents, introduction and conclusion
You must table your referencing
Word Count 3200 (+ or – 10%)
Learning Outcomes
An
examination is intended to enable a learner to demonstrate their attainment of
specified learning outcomes. Marks will be awarded based upon the extent to
which they meet or exceed the intended learning outcomes, in accordance with
QQI Assessment and Standards, revised 2013.
In
marking this examination, examiners will assess LO3 which will assess the
learner’s ability to:
·
Analyse the stakeholder’s interest in a firm
and specifically in relation to dividends and the whole concept around the
implication of issuing dividends to both the company and the shareholder.
Requirement
a) Discuss
in your opinion the impact of Google not paying a dividend for many years after
it went public on the overall share price. Include in your discussion your
understanding of dividend irrelevance theory.
b) Analyse
the main factors/considerations a financial manager needs to consider when
deciding on a dividend policy. Compare in detail the impact of each factor on
both the shareholder and the company.
c) Research
a company and discuss what you believe to be their dividend policy and provide
your opinion on the benefit or disadvantage to the shareholder of the policy.
Discuss some points on the industry they are operating in and what their competitors’
policies are compared to the company you have researched.
d) Discuss
your understanding of efficient market hypostasis and provide real life
examples of each form that backs up your analysis.
Ø
Review of google dividend policy and dividend
irrelevance theory 10 Marks
Ø
Analysis of the factors/ considerations 25
Marks
Ø
Impact on company v shareholder of the dividend
policy 15
Marks
Ø
Research a company’s dividend policy and state
what their policy is 25 Marks
Ø
Layout and Presentation and Referencing 10
Marks
Ø
Efficient market hypothesis 15
Marks
Total 100 Marks
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
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27 | 28 | 29 | 30 | 1 | 2 | 3 |
4 | 5 | 6 | 7 | 8 | 9 | 10 |
11 | 12 | 13 | 14 | 15 | 16 | 17 |
18 | 19 | 20 | 21 | 22 | 23 | 24 |
25 | 26 | 27 | 28 | 29 | 30 | 31 |