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A reduction in the dividend payout ratio implies a higher retention rate.
Characteristics
Traits or qualities that distinguish an individual, group, or thing from others.
Distinctiveness
The characteristic of being easily distinguishable from others due to unique attributes or qualities.
Situation
A set of circumstances or the state of affairs at a particular time and place.
Perceived
Regarded or understood in a certain way by individuals, based on their own observations or interpretations.
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