Question $26$

$2$ pts

Which of the following best summarizes recent trends in payout policy?

Individual firms that pay dividends have seen dividends increase. But fewer firms are paying dividends, and share repurchases have become much more common.

Individual firms that pay dividends have seen dividends decrease. Share repurchases used to be somewhat common, but they are rarer now.

Individual firms that pay dividends have seen dividends decrease. Also fewer firms are paying dividends, and share repurchases have become much more common.

Individual firms that pay dividends have seen dividends increase. Share repurchases used to be somewhat common, but they are rarer now.