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Dividends are an important source of income for many investors. Dividend each year is determined by the firm's earnings per share (EPS) and the dividend

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Dividends are an important source of income for many investors. Dividend each year is determined by the firm's earnings per share (EPS) and the dividend payout ratio. A firm can increase its dividend per share by the following ways except: It can increase its earnings It can increase its dividend payout rate It can increase its retention rate It can decrease its shares outstanding

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