Question
6.If a company strictly adheres to a constant payout ratio policy, its dividend amount will: Group of answer choices None of these vary as earnings
6.If a company strictly adheres to a constant payout ratio policy, its dividend amount will:
Group of answer choices
None of these
vary as earnings vary
move up in a step-like pattern over time
steadily increase over time
remain constant period by period
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Millon Cornett
9th edition
1259717771, 1259717772, 9781260048186, 1260048187, 978-1259717772
