Undecided Corp. has excess cash on hand right now, although management is not sure about the level

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Undecided Corp. has excess cash on hand right now, although management is not sure about the level of cash flows going forward. If the firm would like to put cash in its stockholders’ hands, what kind of dividend should it pay, and why?

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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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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