The payment of cash dividends to corporate stockholders is decided by the

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The decision to pay cash dividends to stockholders is typically made by the board of directors. They are responsible for making decisions related to the overall management and financial direction of the company, including determining the amount and timing of dividend payments. While stockholders can express preferences or make requests, the final decision rests with the board of directors. Management and the SEC may play a role in the process, but ultimately it is the board that has the authority to make dividend-related decisions.

The Payment of Cash Dividends to Corporate Stockholders Is Decided