I’ve come across an instance where CFAI and Schweser have different formulas for the same concept that result in different answers. I’m guessing the CFAI formula is the one to trust. This is odd however, and the first time that I’ve seen something like this

Schweser:

Expected dividend = Previous dividend + (Expected increase in EPS × Target payout ratio × Adjustment factor)

I just did a CF practice problem on the CFAI site where they used this formula: Expected Dividend = Previous Dividend + Change in EPS X Target Payout Ratio X Adjustment Factor

Major inconsistencies… I always used the Schweser formula before and never had any issues… Today I ran into a practice problem from EOC in CFAI… Under formula 1, I got $0.65 and formula 2 is $0.68.