Explain what is meant by the informational content of dividend policy.
Question:
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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The informational content of dividend policy indicates that for a firm fo...View the full answer
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Muhammad Umair
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Related Book For 
Contemporary Financial Management
ISBN: 9780324289114
10th Edition
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
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