Foundations of Financial Management
Foundations of Financial Management
16th Edition
ISBN: 9781259277160
Author: Stanley B. Block, Geoffrey A. Hirt, Bartley Danielsen
Publisher: McGraw-Hill Education
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Chapter 18, Problem 3DQ
Summary Introduction

To explain: The relevance of dividends for shareholders.

Introduction:

Dividend:

The portion of the profits of a company that the board decides to distribute to its shareholders is termed as dividend. It can be paid in cash or stock.

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