Factors influencing the firms choice of a dividend policy are examined, including a. Legal constraints b. Restrictive
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Factors influencing the firm’s choice of a dividend policy are examined, including
a. Legal constraints
b. Restrictive covenants
c. Tax considerations
d. Liquidity considerations
e. Borrowing capacity and access to the capital markets
f. Earnings stability g. Growth prospects h. Inflation i. Shareholder preferences j. Protection against dilution P-698
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Jehal Shah
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