A $0.60 quarterly cash payment paid by T.L.Jones & Co.to its shareholders in the normal course of business is called a:

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The payment is a regular cash dividend, paid on a quarterly basis. Repurchase refers to a company buying back its own shares. Liquidating dividend is paid when a company is closing down or liquidating. Special dividend and extra cash dividend are paid in addition to regular dividends and are not part of the normal course of business.

A $060 Quarterly Cash Payment Paid by T