Change to high-dividend-payout policy in world of taxes. Kevin currently owns 700 shares of Cylon, Inc. Cylon has a low-dividend-payout policy and this year will pay a $0.23 cash dividend on its shares, which are selling currently at $24.00. Kevin wants a high-dividend-payout policy of 7.5% of the stock price, or $1,260.00 after tax. Assume Kevin bought the stock at $16.00 per share and his tax rates are 35% on dividends and 25% on capital gains. If Kevin changes the dividend policy from a low-dividend-payout policy to a high-dividend-payout policy, how does his wealth change? Change to high-dividend-payout policy in world of taxes. Kevin currently owns 700 shares of Cylon, Inc. Cylon has a low-dividend-payout policy and this year will pay a $0.23 cash dividend on its shares, which are selling currently at $24.00. Kevin wants a high-dividend-payout policy of 7.5% of the stock price, or $1,260.00 after tax. Assume Kevin bought the stock at $16.00 per share and his tax rates are 35% on dividends and 25% on capital gains. If Kevin changes the dividend policy from a low-dividend-payout policy to a high-dividend-payout policy, how does his wealth change