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Bryo, Inc., paid quarterly dividends of $.62 a share last year. The company currently has excess cash and would like to distribute $.95 a share

Bryo, Inc., paid quarterly dividends of $.62 a share last year. The company currently has excess cash and would like to distribute $.95 a share to its shareholders this quarter. However, the company is concerned about increasing the dividend as they are unsure if they can afford a $.95 quarterly dividend on an ongoing basis. Management does not want to decrease their dividend once it has been increased. The best form of a dividend payment for this quarter is probably a(n):

A.

extra dividend of $.95 a share

B.

stock dividend with a value of $.95 a share

C.

combined special and extra dividend in one quarterly payment of $.95 a share

D.

combined regular and extra dividend in one quarterly payment of $.95 a share

E.

special dividend of $.95 a shar

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