A Stock That Pays Higher-Than-Average Dividends Is Called an Income

question 62

True/False

A stock that pays higher-than-average dividends is called an income stock.

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Definitions:

Lottery Winnings

Income or assets gained from winning a lottery, often subject to taxation.

Gift Revoked

The act of taking back or withdrawing a gift once given, under certain legal circumstances.

Rightful Ownership

Lawful possession or title of property or assets by an individual or entity.

Tying Arrangement

An illegal agreement in which the sale of one product is tied to the sale of another.