Question: Then, going forward, consider 3 payout policies: 1. A safe proposal: Raise quarterly DPS by $0.01 What do these policies imply for cash holdings, shares

Then, going forward, consider 3 payout policies: 1. A safe proposal: Raise quarterly DPS by $0.01

What do these policies imply for cash holdings, shares outstanding, PPS, DPS, EPS, signaling, agency issues, taxes... Consider the differences between dividends vs. repurchases

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