3 All of the following statements are correct except. E D Multiple Choice O O O C $ Utility companies typically distribute a higher percentage of earnings than rapidly growing firms. Dividends are not mandatory. Dividends are paid out of profits. A dividend can be a distribution of money, stock, or other property. Dividend payments must be approved by the stockholders. R f5 % 5 f6 T F G Q Search 6 & H 7 f11 DAI 112

All of the following stateinents are conrect except Multipie Choice Utity companes typically distribute a higher percenage of earnings than rapidy growing fornz Dividends are not mandatory Dividends are paid out of profits A dividend can be a distribution of inoney, stock, or other property Dwidend povments must be axprowed tw the stockholders