In Regardless of Your Major: Firms Almost Never Decrease Their Dividend on page 528, we learned that

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In Regardless of Your Major: Firms Almost Never Decrease Their Dividend on page 528, we learned that firms try to sustain their dividend payout even during economic downturns. Use the internet to determine what Royal Dutch Shell did with respect to its dividend in 2014 and 2015.
Why do you think Shell took this action?
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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Financial Management Principles and Applications

ISBN: 978-0134417219

13th edition

Authors: Sheridan Titman, Arthur J. Keown, John H. Martin

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