FA-11F:

To understand the role of dividends for a company value

We would now like you to Read the two following articles:

1. Stefan Stern's article ' It's not just executive pay- we must tackel our broken business culture ' in The Guardian ( 31/08/2017 ):
2. Kate Beioley's article ' UK dividends look unsustainable, inestors warned ' in the Financial Times (13/04/2018) :

Now, provide a short answer to the following questions:

1. What are the main critics the article in the Guardian makes to high dividends? Based on what you have learned in this section challenge this approach.
2. What are the main critics made in the Financial Times? How can you relate this to the DDM constant growth model approach?
3. Do you think the two articles bear the same views, using different words? What separates them and what brings them together?

Please provide written answers of approximately 400 words in length.