You are the CFO of a large publicly-traded company. You would like to convey positive information about

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You are the CFO of a large publicly-traded company. You would like to convey positive information about the firm to the market. If you intuitively understand (and agree with) the results from the Lintner study, will you keep paying your currently high dividend or raise that dividend by a small amount?

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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