Bryo Inc.paid quarterly dividends of $0.62 a share last year.The company currently has excess cash and would like to distribute $0.95 a share to its shareholders this quarter.However,the company is concerned about increasing the dividend as they are unsure if they can afford a $0.95 quarterly dividend on an ongoing basis.Management does not want to decrease their dividend once it has been increased.The best form of a dividend payment for this quarter is probably:
A) an extra dividend of $0.95 a share
B) a stock dividend with a value of $0.95 a share
C) a special dividend of $0.95 a share
D) a combined regular and extra dividend in one quarterly payment of $0.95 a share
E) a combined special and extra dividend in one quarterly payment of $0.95 a share
Correct Answer:
Verified
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