RE: Q4 resultsOK, my mistake, I talked to a CA who is a corporate tax specialist. There is no exemption or tax credits to corporations for dividends paid. The dividends come out of after tax earnings. I might have been confusing this with Mutual funds.
The higher tax rate does explain the change in net margins and EPS though. Man, the tax man sure takes a big bite...42% seems awfully high. Cheers!!!