Which of the following would not have an influence on the optimal dividend policy?

Question

Quizplus · Accepted Answer

All of the options listed can have an impact on the optimal dividend policy. The possibility of accelerating or delaying investment projects can impact the amount of available funds for dividends. Shareholders' preference for current income versus capital gains may affect the company's decision to pay out dividends or reinvest earnings. Bond indenture constraints can limit a company's ability to pay dividends. The costs of selling new ordinary shares can also impact dividend policy as it may affect the company's ability to issue new shares to raise funds for dividend payments.

Which of the Following Would Not Have an Influence on the Optimal