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) stable dollar dividend per share
B) regular dividend plus a year-end extra
C) constant dividend payout ratio
D) All policies have the same likelihood of a dividend decrease because dividend changes are
dependent on changes in earnings.
A
Business
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Interest rate volatility increases the complexity of cash management
Indicate whether the statement is true or false.
Business
Customers arrive at a bank at a rate of 50 per hour. The bank has 3 tellers and on average, it takes 2 minutes to service a customer
(a) What proportion of time are the tellers busy? (b) What is the average number of customers in the bank? (c) What is the average weight time?
Business