When a Firm Pays a Stated Dollar Dividend and Adjusts

question 61

Multiple Choice

When a firm pays a stated dollar dividend and adjusts the payment as earnings increase, itsdividend policy can be called

• A) a target dividend pay-out ratio policy.
• B) a regular dividend policy.
• C) a constant-payout-ratio dividend policy.
• D) a low-regular-and-extra dividend policy.

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Definitions:

United States

A country located in North America, consisting of 50 states and known for its significant cultural and economic influence worldwide.

Age 65

A common milestone for eligibility in various senior benefits, often considered the traditional age for retirement.

Women

Refers to adult human females.

Health Expectancy

The period of life that a person spends free from disability.