Question: Which statement is true? Multiple Choice Managers tend to increase dividends rapidly when transitory earnings rise. Managers never cut dividends. Dividends are evenly distributed by

Which statement is true?

Multiple Choice

  • Managers tend to increase dividends rapidly when transitory earnings rise.

  • Managers never cut dividends.

  • Dividends are evenly distributed by a wide range of companies in various industries and of varying sizes.

  • Cash dividends and stock repurchases have increased in nominal terms but decreased in real terms.

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