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As part of an unexpected news announcement, a company stated that it is increasing its annual dividend from $1.08 per share to $1.18 per share

As part of an unexpected news announcement, a company stated that it is increasing its annual dividend from $1.08 per share to $1.18 per share What else must the company have also announced if its stock price and total expected return remained constant following this announcement? Assume none of the announcement information was previously expected by the market

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