Examlex
ABC declared and paid cash dividends to its common shareholders in January of the current year. The dividend:
Discretionary
Refers to actions or expenditures that are subject to judgment or choice, often within a framework of policies or guidelines.
Benefit Society
Actions or initiatives that contribute positively to the well-being and improvement of the community or society as a whole.
Economic Policy Institute
A nonprofit, nonpartisan think tank created in 1986 to include the needs of low- and middle-income workers in economic policy discussions.
CEOs
Chief Executive Officers, the highest-ranking individuals in a company or organization, responsible for making major corporate decisions, managing the overall operations, and resources.
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