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Question
The president of Smith Brothers, Inc. wants a dividend policy that minimizes the likelihood of decreasing the company's dividend per share. Which of the following policies should the CEO select?A) constant dividend payout ratio
B) stable dollar dividend per share
C) regular dividend plus a year-end extra
D) All policies have the same likelihood of a dividend decrease because dividend changes are dependent on changes in earnings.
Answer
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Related questions
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C) $90,000
D) $94,000