John bought some stock in McKelly Inc. last year. The company has just reported record earnings. This means John is guaranteed to receive a nice increase in his dividend this year.

Question

Quizplus · Accepted Answer

While high earnings may lead to increased dividends, there is no guarantee that John will receive a "nice" increase in his dividend. The decision to increase dividends is ultimately up to the company's board of directors.

John Bought Some Stock in McKelly Inc