Examlex
According to Kohlberg:
Dividend Level
The amount of dividend payment declared by a company per share, usually expressed in a currency value.
Stock Price
The current price at which a share of a company is trading on the stock market.
Signaling Theory
A concept in economics and finance that suggests that decisions made by companies can convey information to investors and the market about the firm's future prospects.
Dividend Irrelevance
Dividend Irrelevance theory suggests that a company's dividend policy has no effect on either its value or its cost of capital, according to Modigliani and Miller.
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