Question: If company defaults and doesn't pay dividends, it affects the commercial reputation. Shareholders only have the right to dividends if the company declares it. While

If company defaults and doesn't pay dividends, it affects the commercial reputation. Shareholders only have the right to dividends if the company declares it. While if you not give out dividends it keep the company cash but investors will think it is due to bad company financial health and financial distress simplfy

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