Dividends: The Poseidon Shipping Company has paid a $0.25 dividend per quarter for the past three years.

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Dividends: The Poseidon Shipping Company has paid a $0.25 dividend per quarter for the past three years. Poseidon just lowered its declared dividend to $0.20 for the next dividend payment. Discuss what this new information might convey concerning Poseidon management’s belief about the future of the company.

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Fundamentals Of Corporate Finance

ISBN: 9781119795438

5th Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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