Examlex
All of the following are true EXCEPT which statement?
Automatic Dividend Reinvestment Plans
These plans allow shareholders to automatically reinvest their cash dividends into additional shares or fractional shares of the underlying stock on the dividend payment date.
Preferred Dividend Policy
A company's strategy or practice regarding the payment of dividends to holders of its preferred stock, often detailing the timing and amount of payouts.
Equity Capital
Funds raised by a company in exchange for a share of ownership in the company.
Dividend Payout Ratio
The fraction of net earnings a firm pays to its shareholders as dividends, usually expressed as a percentage.
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