Firms following a constant dividend ration payout policy will cause investors to have greater uncertainty concerning expected dividends each year when the earnings for the firm are stable over time.
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Q1: The dividend irrelevance theory says that the
Q2: The farther to the right the IOS
Q3: Managers, on average, do not raise dividends
Q6: A stock split is always associated with
Q7: Those who believe investors choose a particular
Q8: Firms with a large number of acceptable
Q10: The dividend payout ratio, on average, for
Q11: According to the free cash flow hypothesis,
Q11: On a 2-for-1 stock split, the shares
Q18: We can be sure that,in and of
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