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4) For the past five years Long Haul Transport Ltd has paid dividends of $1.05 a share. The company just announced that dividends are being
4) For the past five years Long Haul Transport Ltd has paid dividends of $1.05 a share. The company just announced that dividends are being increased by 10%. As a result, the market price of Long-Haul Transport stock increased. The increase in the share price is generally attributed to the: B) Change in the dividend policy. A) Increase in the current dividend amount. c) D) Information content of the dividend. Reinvestment of the dividend amount
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