Question: Which statement is true? Multiple Choice Managers tend to increase dividends rapidly when transitory earnings rise. Managers never cut dividends. Unanticipated changes in dividends can

Which statement is true? Multiple Choice Managers tend to increase dividends rapidly when transitory earnings rise. Managers never cut dividends. Unanticipated changes in dividends can impact share prices, Dividends are evenly distributed by a wide range of companies of varying size in different industries. Cash dividends and share repurchases have increased in nominal terms but decreased in real terms

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