Question: 1 5 . A change in dividend policy does not affect the value of a share of stock as long as: Group of answer choices
A change in dividend policy does not affect the value of a share of stock as long as:
Group of answer choices
all the distributable cash flow is paid out.
all future dividends are changed by the same amount.
the dividend payout ratio remains constant.
shareholders are given ample warning.
there is an offsetting change in stock repurchases.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
