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Rotter believes that
Preferred Stock
Stock with dividend priority over common stock, normally with a fixed dividend rate, often without voting rights.
Common Stock Dividends
Dividends that are paid to holders of a company's common stock, often from the company's profits.
Dividend Increases
An action by a company to increase the amount of dividends paid out to shareholders, usually as a result of increased profitability.
Cost of Equity
The return a firm theoretically pays to its equity investors, i.e., shareholders, as a reward for investing their capital.
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