Loose Leaf for Foundations of Financial Management Format: Loose-leaf
Loose Leaf for Foundations of Financial Management Format: Loose-leaf
17th Edition
ISBN: 9781260464924
Author: BLOCK
Publisher: Mcgraw Hill Publishers
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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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