Compare and contrast the following dividend policies: constant payout ratio dividend policy and the constant dollar payout
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Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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A firm pursuing a constant payout dividend policy would pay a set fraction of its quarterly or annua...View the full answer
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Related Book For 
Introduction to Corporate Finance What Companies Do
ISBN: 978-1111222284
3rd edition
Authors: John Graham, Scott Smart
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