Which of the following statements is FALSE?
A) Occasionally, a firm may pay a one-time, special dividend that is usually much larger than a regular dividend.
B) Most companies that pay dividends pay them semiannually.
C) From an accounting perspective, dividends generally reduce the firm's current (or accumulated) retained earnings.
D) The way a firm chooses between paying dividends and retaining earnings is referred to as its payout policy.
Correct Answer:
Verified
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