We talked about how a firm might attract a different clientele by switching dividend payout policies: Might

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We talked about how a firm might attract a different clientele by switching dividend payout policies: Might a particular clientele change its preference for dividends versus capital gains through no action of the firm? Explain.
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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Foundations of Financial Management

ISBN: 978-1259024979

10th Canadian edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta

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