Examlex
Explain assumptive close. When can this be used?
Cash Dividend
A distribution of a company's earnings to its shareholders in the form of cash.
Residual Dividend Approach
A policy whereby dividends are based on earnings minus funds retained to finance the optimal capital budget.
Predictable Dividend Payout
Regular, forecastable payments made by a company to its shareholders, usually as a part of the firm's profit sharing mechanism.
Clientele Effect
The theory that a company’s stock price will move according to the demands and preferences of its investors or clientele regarding dividend policies.
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