Different Dividend Policies: read each of the scenarios and describe the most appropriate action to take in each of the scenarios.

-Atlantic Enterprises wants to immediately increase its earnings per share so executives can attain their earnings targets and claim the maximum yearend bonuses.

-Cleveland Co. plans to announce a stock repurchase to increase its share price but needs the flexibility to freely time the equity markets and purchase a lesser or greater number of shares than announced depending on economic circumstances.

-Henderson Inc. wants to establish a loyal clientele of long-term retail investors.