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________ messages express thanks,congratulations,recognition,and sympathy.
Payout Ratio
The proportion of earnings paid out as dividends to shareholders, often expressed as a percentage.
Dividend Policies
The policies and guidelines a company follows in deciding how much of its earnings it will pay out to shareholders as dividends.
Bird-In-The Hand
A theory suggesting that investors prefer dividends from a stock to potential capital gains because of the immediate certainty of receiving payouts.
Dividend Reinvestment Plans
Programs that allow shareholders to automatically reinvest their cash dividends into additional shares of the issuing company.
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