In early 1989, Inca Ltd. paid a special dividend of US$10 a share. What was the purpose?
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In early 1989, Inca Ltd. paid a special dividend of US$10 a share. What was the purpose? By returning over $1 billion in total to shareholders, what was management saying to the investment community?
DividendA 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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This question can require some research It is suggested that Inco paid the div...View the full answer
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Related Book For 
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
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