All of the following are arguments for the relevance of dividends except:
A)existence of issuance costs
B)reduction of agency costs
C)protection against dilution
D)risk aversion

Question

Quizplus · Accepted Answer

Protection against dilution is not typically an argument for the relevance of dividends. Dividends are more directly related to agency costs, issuance costs, and risk aversion.

All of the Following Are Arguments for the Relevance of Dividends